WBCS.LIVE practice question

The cost price of 15 articles is equal to the selling price of 12 articles. The profit percent is

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. 20%
  2. 15%
  3. 30%
  4. 25%

Correct answer and explanation

Correct answer: 25%

Explanation: āœ… Correct Answer: D. 25% šŸ“š Explanation: If the cost price of 15 items equals the selling price of 12, then the profit on selling 12 items is equal to the cost of 3 items. The profit percentage is (3 / 12) * 100, which equals exactly 25 percent. This is a common way to calculate gains in problems where quantities are related by price.