If the cost price of 20 articles is equal to the selling price of 16 articles, what is the profit percentage? MCQ with Answer and Explanation

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

A. 30%

B. 25%

C. 20%

D. 33.33%

Answer: Option B

Solution (By JKSSB Mock Tests)

Let Cost Price of 1 article = 1. Cost Price of 16 articles = 16. Selling Price of 16 articles = Cost Price of 20 articles = 20. Profit = 20 - 16 = 4. Profit percentage = (4 / 16) * 100 = 25%.

This question belongs to: Maths Profit And Loss

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Question #1

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A person buys 5 kg of sugar at Rs. 35 per kg and sells at Rs. 42 per kg. What is the profit percentage?

A. 25%

B. 20%

C. 15%

D. 30%

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Correct Answer: Option B

Explanation:
CP = 5*35 = 175, SP = 5*42 = 210, profit = 35, profit% = 35/175*100 = 20%.

This question belongs to: Maths Profit And Loss

Question #2

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A man buys 10 articles for Rs. 8 and sells 8 articles for Rs. 10. Find the profit percentage.

A. 45%

B. 60%

C. 50%

D. 56.25%

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Correct Answer: Option D

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Question #3

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A man buys an article at a 20% discount on its marked price and sells it at its marked price. What is his profit percentage?

A. 30%

B. 25%

C. 20%

D. 33.33%

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Correct Answer: Option B

Explanation:
Let Marked Price = 100. Cost Price = 80. Selling Price = 100. Profit = 20. Profit percentage = (20 / 80) * 100 = 25%.

This question belongs to: Maths Profit And Loss

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