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CDS 2024 · PYQ · Profit and Loss · easy

The cost price of y articles is equal to selling price of z articles. If y : z = 5 : 4, what is the profit percentage?

  1. A.20%
  2. B.25%✓ Correct
  3. C.30%
  4. D.40%

Explanation

Let CP per article = 1. CP of y articles = y = SP of z articles, so SP per article = y/z = 5/4. Profit per article = 5/4 - 1 = 1/4. Profit% = (1/4)/1 × 100 = 25%.
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