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If selling price of 39 articles is equal...

If selling price of 39 articles is equal to the cost price of 42 articles, then what will be the profit percentage?

A

`8.33`

B

`7.69`

C

`9.09`

D

`11.33`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we need to find the profit percentage given that the selling price of 39 articles is equal to the cost price of 42 articles. ### Step-by-Step Solution: 1. **Define Variables**: Let the Selling Price (SP) of one article be \( SP \) and the Cost Price (CP) of one article be \( CP \). 2. **Set Up the Equation**: According to the problem, the selling price of 39 articles is equal to the cost price of 42 articles. This can be expressed mathematically as: \[ 39 \times SP = 42 \times CP \] 3. **Express SP in terms of CP**: Rearranging the equation gives: \[ SP = \frac{42 \times CP}{39} \] 4. **Simplify the Ratio**: We can simplify \( \frac{42}{39} \): \[ SP = \frac{42}{39} \times CP = \frac{14}{13} \times CP \] 5. **Calculate Profit**: The profit is given by: \[ \text{Profit} = SP - CP = \left(\frac{14}{13} \times CP\right) - CP \] To combine the terms, we can express CP as \( \frac{13}{13} \times CP \): \[ \text{Profit} = \left(\frac{14}{13} - \frac{13}{13}\right) \times CP = \frac{1}{13} \times CP \] 6. **Calculate Profit Percentage**: The profit percentage is calculated as: \[ \text{Profit Percentage} = \left(\frac{\text{Profit}}{CP}\right) \times 100 = \left(\frac{\frac{1}{13} \times CP}{CP}\right) \times 100 \] Simplifying this gives: \[ \text{Profit Percentage} = \frac{1}{13} \times 100 = \frac{100}{13} \approx 7.69\% \] ### Final Answer: The profit percentage is approximately **7.69%**. ---
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