If the cost price of 10 articles is equal to the selling price of 8 articles, what is the profit percentage?
A20%
B22.5%
C25%
D30%
Explanation
Let CP of 1 article = Re 1. CP of 8 articles = Rs 8. SP of 8 articles = CP of 10 articles = Rs 10. Profit on 8 articles = 10 – 8 = Rs 2. Profit Percentage = (2 / 8) * 100 = 25%.
Exam Relevance
- Topic: Arithmetic & Percentages
- Subtopic: Profit & Loss

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