If the cost price of 20 articles is equal to the selling price of 15 articles, find the profit per cent.

331/2 %
331/3 %
331/5 %
331/7 %

Correct Answer: 331/3 %

Explanation:

Given that, a = 20 and b = 15
According to the formula,
Profit %= [(a - b) / b] x 100 %
= (5/15) x 100% = 100/3 %
= 33¹/₃%

More Questions from Profit and Loss

A furniture seller sells two tables ₹ 1500 each. He earned a profit of 20% on one table and suffered a loss of 20% on the another table. Net profit or loss in this deal is
If an article is sold at a gain of 6% instead of at loss of 6%, then the seller gets ₹ 6 more. The cost price of the article is
A man sold two houses for ₹ 96000 each. In the sale of the first house, he incurred 20% profit and in the sale of the second, he incurred 20% loss. what is the gain or loss percentage in total?
A sold a watch to B at 40% gain and B sold it to C at a loss of 20%. if C bought the watch for ₹ 432, at what price did A purchase it?
A man sold an article at loss of 20%. If he sells the article for ₹ 12 more, he would have gained 10%. The cost of price of the article is?
By selling an umbrella for ₹ 30, a shopkeeper gains 20%. During a clearance sale, the shopkeeper allows a discount of 10% of the marked price. His gain percentage during the sale season is
On selling an article at ₹ 530, the gain is 20% more than the loss incurred on selling it at ₹ 475. In order to gain 20% the selling price will be
A dealer bought 80 cricket bats for ₹ 50 each. He sells 20 of them at a gain of 5%. What must be the gain percentage of the remaining bats, so as to get 10% gain on the whole?
The price of a land passing through three hands, rises on the whole by 65%. If the first and second sellers earned 20% and 25% profit, respectively. Find the profit earned by the third seller?
A person sold a watch at a profit of 10%. If he had sold it for ₹ 2000 more, he would have gained 20%. Find the CP of watch?

Discussion & Comments

No comments yet. Be the first to comment!