The cost price of 15 articles equals the selling price of 12 articles. The profit percent on cost price is:
Q1. The cost price of 15 articles equals the selling price of 12 articles. The profit percent on cost price is:
Answer: 25%
Explanation: If 12 selling prices equal 15 cost prices, each article sells for 15/12 of its cost. The gain is 3/12 of cost, which is 25%.