Selling price of 22 articles is equal to cost price of 44 articles. Find profit or loss percentage.
Answer & explanation
Correct answer: option 3
S.P. of 22 = C.P. of 44
C.P : S.P. = 22 : 44 = 1 : 2
Profit = 1
Profit Percent = \(\frac{1}{1}\) × 100% = 100%