Question

    If the selling price of 5 items is equal to the cost price of 8 items, then what will be the profit percentage?

    A 55% Correct Answer Incorrect Answer
    B 35% Correct Answer Incorrect Answer
    C 60% Correct Answer Incorrect Answer
    D 40% Correct Answer Incorrect Answer

    Solution

    Given - 5×SP =CP ×8 = SP /CP =8 /5 =SP = 8, CP = 5 profit % = 3/5 ×100 = 60%

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