Arithmetic

Profit & Loss

Medium

If the cost-price of 18 articles is equal to the selling price of 15 articles, then find the gain percentage?

20 %

25 %

15 %

30 %

✅ Correct Option: 1

The cost price of 18 articles is equal to the selling price of 15 articles.

Let the cost price of 1 article $= ₹1$

Cost price of 18 articles $= 18 \times 1$

$= ₹18$

Selling price of 15 articles $= ₹18$

Selling price of 1 article $= \dfrac{18}{15}$

$= ₹1.2$

Profit $= \text{Selling Price} - \text{Cost Price}$

$= 1.2 - 1$

$= ₹0.2$

Gain percentage $= \dfrac{\text{Profit}}{\text{Cost Price}} \times 100$

$= \dfrac{0.2}{1} \times 100$

$= 20\%$

Therefore, the gain percentage is $20\%$ .

2022: 26 Aug Shift 1

Sita makes profit of 15% by selling a watch for Rs. 1656. At what price should the watch be sold to make 25% profit ?

2022: 8 Aug Shift 1

Radha sells her scooty for Rs. 50000 at a loss of 20%. At what price she should sell her scooty to make a profit of 10% ?

2025: 2 June Shift 2

The profit earned after selling an item for ₹ 797 is the same as the loss incurred after selling the same item for ₹ 635. What is the cost price of the item?

2023: 28 May Shift 1

If cost price of an item is 90% of its selling price, then what is the profit percentage ?

2022: 8 Aug Shift 1

A man makes a profit of 20% after selling a product on 28% discount on the printed price. Find the ratio of printed price to cost price

2026: 24 May Shift 1

An article is sold for Rs. 2000 with profit of 25%. What would have been the percentage of profit, if it was sold for Rs. 1800?

If the cost-price of 18 articles is equal to the selling price of 15 articles, then find the gain percentage?

Solution

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