Total cost price of 300 articles is ₹150. Total selling price of 8 articles is ₹5. What is the profit percentage? (Cost price of all the articles is same. Selling price of all the articles is same.)
Answer
The correct answer is A: 25 percent. CP per article = 150/300 = ₹0.5. SP per article = 5/8 = ₹0.625.