The cost price of 30 articles is equal t

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The cost price of 30 articles is equal to the selling price of 25 articles. What is the profit percentage in this transaction?

Options:

13%

20%

25%

30%

Correct Answer:

20%

Explanation:

CP₃₀ = SP₂₅

So, we can say that:

\(\frac{ CP}{SP }\) = \(\frac{25 }{ 30}\)

\(\frac{ CP}{SP }\) = \(\frac{5 }{ 6}\)

Profit% = \(\frac{1 }{ 5}\) x 100 = 20%