Question discussion

lf the cost price of 120 articles is equal to the selling price of 80 articles find the profit percent.

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lf the cost price of 120 articles is equal to the selling price of 80 articles find the profit percent.
  • A33.33%
  • B40%
  • C50%
  • D60%
Answer not set

Discussion 1

0
CCommunity
Let the cost price of 120 articles = Rs. x

⇒ Cost price of 80 articles = 80x/120 = 2x/3

Selling price of 80 articles = x

Profit % = (x – 2x/3)/2x/3 × 100 = 100/2 = 50%