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The cost price of 27 articles is same as the selling price of 18 articles. What is the profit percent?

  1. A
    40%
  2. B
    50%
  3. C
    30%
  4. D
    25%

Solution & Step-by-step Explanation

Let the cost price of 1 article be CP and the selling price of 1 article be SP.
According to the question:

27×CP=18×SP
Rearranging the terms to find the ratio of SP to CP:

CP
SP

=
18
27

=
2
3


This means if CP=2, then SP=3.

Profit=SP−CP=3−2=1
Profit Percent=(
CP
Profit

)×100%
Profit Percent=(
2
1

)×100%=50%

Practice this question

Try it yourself before checking the explanation above.

The cost price of 27 articles is same as the selling price of 18 articles. What is the profit percent?
A
40%
B
50%
C
30%
D
25%

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