Selling price of 18 articles is equal to cost price of 24 articles. Find profit or loss percentage.
Answer & explanation
Correct answer: option 4
S.P. of 18 = C.P. of 24
C.P : S.P. = 3 : 4
Profit = 1
Profit Percent = \(\frac{1}{3}\) × 100% = 33\(\frac{1}{3}\)%