Selling price of 17 articles is equal to cost price of 34 articles. Find profit or loss percentage on selling price.
Answer & explanation
Correct answer: option 4
S.P. of 17 = C.P. of 34
C.P : S.P. = 17 : 34 = 1 : 2
Profit = 1
Profit Percent = \(\frac{1}{2}\) × 100% = 50%