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If the selling price of 10 articles is e...

If the selling price of 10 articles is equal to the cost price of 15 articles, then what is the profit percent?

A

33.33

B

66.66

C

50

D

60

Text Solution

AI Generated Solution

The correct Answer is:
To find the profit percent when the selling price of 10 articles is equal to the cost price of 15 articles, follow these steps: ### Step 1: Define the Cost Price (CP) of One Article Let the cost price of one article be \( CP = 1 \) rupee. ### Step 2: Calculate the Cost Price of 10 Articles The cost price of 10 articles is: \[ CP_{10} = 10 \times CP = 10 \times 1 = 10 \text{ rupees} \] ### Step 3: Calculate the Cost Price of 15 Articles The cost price of 15 articles is: \[ CP_{15} = 15 \times CP = 15 \times 1 = 15 \text{ rupees} \] ### Step 4: Set Up the Selling Price (SP) Equation According to the problem, the selling price of 10 articles is equal to the cost price of 15 articles: \[ SP_{10} = CP_{15} = 15 \text{ rupees} \] ### Step 5: Calculate the Selling Price of One Article The selling price of one article can be calculated as: \[ SP_{1} = \frac{SP_{10}}{10} = \frac{15}{10} = 1.5 \text{ rupees} \] ### Step 6: Calculate the Profit Now, we can find the profit made on selling one article: \[ \text{Profit} = SP_{1} - CP = 1.5 - 1 = 0.5 \text{ rupees} \] ### Step 7: Calculate the Profit Percentage The profit percentage can be calculated using the formula: \[ \text{Profit Percentage} = \left( \frac{\text{Profit}}{CP} \right) \times 100 \] Substituting the values: \[ \text{Profit Percentage} = \left( \frac{0.5}{1} \right) \times 100 = 50\% \] ### Final Answer The profit percent is **50%**. ---
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