Question

Cost Price of 22 articles is same as the Selling Price of 18 articles, find the profit percentage?

Answer 1

Let the cost price of $1$ article $=$Rs. $1$

From the given data,

Then, the selling price of $1$ article$=\frac{22}{18}=\frac{11}{9}$

Then, Profit $=$ SP $-$ CP$=\frac{11}{9}-1=\frac{2}{9}$

Required, profit$\%=\frac{Profit}{CP}\times 100$

$=\left[\left(\frac{2}{9}\right)\right]\times 100=\frac{200}{9}=22.222\%$.