Staff Selection Commission Quantitative Aptitude — Question 271

Question

If the cost price of 20 articles equals the selling price of 16 articles, what is the profit percentage?

1. 20%
2. 25%
3. 30%
4. 35%

Correct answer

B — 25%

Explanation (English)

Let CP of 1 article = 1. CP of 20 = 20. SP of 16 = 20, so SP of 1 = 1.25. Profit = 25%

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