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If the cost price of 15 articles is equal to the selling price of 12 articles, find the profit percentage.
20%
25%
30%
33.33%
25%
Use the quantity ratio shortcut: Profit % =SP┬аquantityCP┬аquantityтИТSP┬аquantityтАЛ imes 100 =1215тИТ12тАЛ imes 100 = 25%.
Cost price of 15 articles equals the selling price of 12 articles.
extProfit%=CPSPтИТCPтАЛimes100
Use the quantity ratio shortcut: Profit % =SP┬аquantityCP┬аquantityтИТSP┬аquantityтАЛ imes 100 =1215тИТ12тАЛ imes 100 = 25%.
Students frequently calculate the profit percentage relative to the selling quantity's cost or use the wrong base by dividing by 15 instead of 12.
Set up the equation
Translate the problem statement into a direct algebraic equation where 15imes┬аCP=12imesSP.
15imes┬аCP=12imes┬аSP
Find the price ratio
Rearrange the terms to find the ratio of Selling Price to Cost Price, which simplifies to 45тАЛ.
racSPCP=1215тАЛ=45тАЛ
Calculate profit percentage
Let CP=4 units and SP=5 units. Compute the percentage gain to arrive at the final answer.
extProfit%=45тИТ4тАЛimes100=25%
B is correct because the calculated profit percentage is 25%.
Mastering article-based profit-loss shortcuts drastically reduces calculation time in competitive aptitude sections.