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  • If selling price of 15 pens is equal to cost price of 18 ...
Multiple choice

If selling price of 15 pens is equal to cost price of 18 pens, what is the % of profit?

  1. Data insufficient

  2. 30%

  3. 20%

  4. 16.67%

  5. None of these

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let CP of 1 pen = 1 rupee Then CP of 15 pens = 15 rupees Selling price of 15 pens = 18 rupees % profit = 3 * 100/15 = 20%

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