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Aptitude · Q466

Profit And Loss

Competitive Exams · Aptitude · question 466

Q466

If the selling price of 7 article is equal to the cost price of 8 articles, then what is the profit percentage (correct to one decimal place)?

A.
15.4%
B.
13.9%
C.
11.7%
D.
14.3%
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Selling price of 7 article is equal to cost price of 8 article
7 × Selling price = 8 × Cost price

Profit = 8 - 7 = 1
Profit %