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7.Profit and Loss
hard
If the cost price of $20$ articles is equal to the selling price of $15$ articles, find the profit percent?
A
$33 \frac{1}{2}$
B
$33 \frac{1}{3}$
C
$33 \frac{1}{5}$
D
$33 \frac{1}{7}$
Solution
$CP$ of $20$ articles $=$ $SP$ of $15$ articles
$\Rightarrow \quad \frac{\text { CP of } 1 \text { article }}{\text { SP of } 1 \text { article }}=\frac{15}{20}=\frac{3}{4}$
Profit\% $=\frac{4-3}{3} \times 100=33.33 \%$
Standard 13
Quantitative Aptitude