2024 · Q43
The cost price of y articles is equal to selling price of z articles. If y : z = 5 : 4, what is the profit percentage?
Elementary MathematicsProfit and Loss
- A20%
- B25%
- C30%
- D40%
Explanation
The cost price of y articles equals the selling price of z articles, so y × CP = z × SP. Hence SP/CP = y/z = 5/4. Profit = (5/4 − 1) × 100 = 25%, option (b).