Quantitative Aptitude Ques 926
Question: The cost price of 18 articles is equal to the selling price of 15 articles. The gain per cent is
Options:
A) 25%
B) 20%
C) 18%
D) 15%
Show Answer
Answer:
Correct Answer: B
Solution:
- Let the CP of 1 article $ =Rs.,x $
$ \therefore $ CP b of 18 articles $ =Rs\text{.18}x $ and SP of 15 articles $ =Rs\text{.18}x $
$ \therefore $ SP of 1 article $ =\frac{18x}{15} $ $ Profit=SP-CP=\frac{18x}{15}-x=\frac{3x}{15}=\frac{x}{5} $
$ \therefore $ $ Profit%=\frac{Profit\times 100}{CP} $ $ =\frac{\frac{x}{5}\times 100}{x}=20 $ %