The selling price of 13 articles is same as the cost price of 23 articles.

The selling price of 13 articles is same as the cost price of 23 articles.
Posted on 30-03-2023

Ques - The selling price of 13 articles is same as the cost price of 23 articles. What is the profit percentage ?

(a) 43.47%

(b) 74.83%

(c) 78%

(d) 76.92%

Solution - 

Let,

The cost price of 1 article = 1

The cost price of 23 articles = 23

The cost price of 13 articles = 13

The selling price of 13 articles is same as the cost price of 23 articles.

The SP of 13 articles = 23

Profit percentage = [(SP - CP) / CP] × 100

Profit % = [(23 - 13) / 13] × 100

= (10 / 13) × 100

= 1000 / 13

= 76.92

Thus,

The profit percentage is 76.92%.

Hence,

The correct answer is option (d) 76.92%.

Thank You