Question

Q8
The selling price of 16 articles is equal to the cost price of 24 articles. Calculate the profit percentage.
10​

Answer 1

$Given \: selling \: of \:(y) = 16 \: articles$

$= cost \:price \: of \:(x) = 24 \: articles$

$\blue{Cost \:price \: articles \gt selling \:price \:if \:article}$

$\pink{ \therefore Profit = \frac{x-y}{y} \times 100}$

$= \frac{24-16}{16} \times 100$

$= \frac{8}{16} \times 100$

$= \frac{100}{2}$

$= 50\%$

Therefore.,

$\red{ Profit } \green{ = 50\% }$

•••♪