Question

If the cost price of 120 articles is equal to the selling price of 80 articles, find the profit percent.

• A. 33.33%
• B. 40%
• C. 50%
• D. 60%

Answer 1

Answer:

C. 50%

$$CP [120] = SP [80]$$CP : SP = 80 : 120 $$CP : SP = 2 : 3$$So let us take CP=2x, SP=3x $$profit$$=\frac{3x-2x}{2x}\times100$$=\frac{1x}{2x}\times100$$$=50%