Multiple choice

After selling 25 articles, a person gained selling price of 5 articles. Find his profit percentage.

  1. 10%

  2. 15%

  3. 20%

  4. 25%
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Profit = SP of 5 articles. Let SP of 1 article be 1. Total SP of 25 articles = 25. Profit = 5. Cost Price = SP - Profit = 25 - 5 = 20. Profit % = (Profit / CP) * 100 = (5 / 20) * 100 = 25%.

AI explanation

The profit equals the selling price of 5 articles, and the total revenue is the selling price of 25 articles. Subtracting the profit from the revenue gives the cost price, which equals the selling price of 20 articles. The profit percentage is calculated as (5 / 20) * 100, resulting in 25%.

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