Selling price of 18 articles is equal to

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Selling price of 18 articles is equal to cost price of 24 articles. Find profit or loss percentage.

Options:

20\(\frac{1}{3}\)%

39\(\frac{1}{3}\)%

35\(\frac{1}{3}\)%

33\(\frac{1}{3}\)%

Correct Answer:

33\(\frac{1}{3}\)%

Explanation:

S.P. of 18 = C.P. of 24

C.P : S.P. = 3 : 4

Profit = 1

Profit Percent = \(\frac{1}{3}\) × 100% = 33\(\frac{1}{3}\)%