The cost price of 27 articles is same as the selling price of 18 articles. What is the profit percent?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 50%
The cost price of 27 articles is same as the selling price of 18 articles
CP × 27 = SP × 18
CP/SP = 2/3
Profit % = Profit × 100/CP
Profit % = 1 × 100/2 = 50%