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Cost Price of 22 articles is same as the Selling Price of 18 articles, find the profit percentage?

Correct Answer: 22.22%

Explanation:

Let the cost price of 1 article = Rs. 1


From the given data,


Then, the selling price of 1 article = 22/18 = 11/9


Then, Profit = SP - CP = 11/9 - 1 = 2/9


Required, profit % = Profit/CP x 100


= [(2/9)/1] x 100


= 200/9


= 22.222%.


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