Question

If a man purchase 12 articles for 15 and sells 10 articles for 12 find profit or loss ?

Answer 1

Answer:

Correct option is

A

50%

C.P. of 15 articles is Rs 25

∴ C.P. of each article =

15

20

=

3

5

S.P. of 12 articles is Rs 30

∴ S.P. of each article =

12

30

=

2

5

Now, Profit %=

C.P.

S.P.−C.P.

×100=

3

5

2

5

−

3

5

×100=50%