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%
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Selling price of 7 article is equal to cost price of 8 article7 × Selling price = 8 × Cost price
Profit = 8 - 7 = 1
Profit %