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If the selling price of 5 articles is same as the cost price of 6 articles, then what is the profit on each article?
  • a)
    20%
  • b)
    1%
  • c)
    12%
  • d)
    24%
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
If the selling price of 5 articles is same as the cost price of 6 arti...
Given:
T
he selling price of 5 articles is same as the cost price of 6 articles.
Concept used:
Profit% = 
Calculation:
Let the selling price of 5 articles be Rs. 30.
Selling price of each article = 30/5 = Rs. 6
According to the question,
Cost price of 6 articles = Rs. 30
Cost price of each article = 30/6 = Rs. 5
Now, profit% = 
⇒ 20%
∴ The profit on each article is 20%.
 
Hence, option  1) is correct answer.
Shortcut Trick
 Given:
SP× 5 =CP × 6
Calculation:
⇒ 
 = 
⇒ 
Profit% = 
⇒ 
Profit% = 
 ×  100
⇒ 
Profit%  = 20 %
∴ The profit on each article is 20%.
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If the selling price of 5 articles is same as the cost price of 6 articles, then what is the profit on each article?a)20%b)1%c)12%d)24%Correct answer is option 'A'. Can you explain this answer?
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