Is the cost price of 20 articles is equal to the selling price of 15 articles What is the percentage of profit or loss that a merchant makes?


Correct Answer:

B) \( \Large 33\frac{1}{3}% \)


Description for Correct answer:

Given that, a = 20 and b = 15 According to the formula, Profit % = \( \Large \left(\frac{a-b}{b} \times 100\right) \)%  = \( \Large \frac{5}{15} \times 100\% = \frac{100}{3}\%\)

= \( \Large = 33\frac{1}{3}\% \)


Part of solved Profit and Loss questions and answers : >> Aptitude >> Profit and Loss

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If the cost price of 15 articles is equal to the selling price of 20 articles, then find the loss % in the transaction.

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