If the selling price of 10 articles is equal to the cost price of 15 articles, what is the profit percentage?

A50 ✓ Correct

B40

C45

D33.33

Correct answer: (A) 50

Explanation

The profit is 50%.

Let cost price of each article be Rs. 1.

SP of 10 = CP of 15 = Rs. 15, so SP per article = 1.5.

Profit per article = 1.5 - 1 = 0.5.

Profit % = (0.5 / 1) x 100 = 50%.

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