Selling price of 6 articles is equal to cost price of 7 articles. Find profit percentage.
Answer & explanation
Correct answer: option 2
ATQ,
6S = 7C
⇒ S → 7, C → 6
Profit % = \(\frac{1}{6}\) × 100 = 16\(\frac{2}{3}\)%
Selling price of 6 articles is equal to cost price of 7 articles. Find profit percentage.
Correct answer: option 2
ATQ,
6S = 7C
⇒ S → 7, C → 6
Profit % = \(\frac{1}{6}\) × 100 = 16\(\frac{2}{3}\)%