Profit and Loss - Quantitative Aptitude (MCQ) questions for Q. 778

Q.  If selling price of 12 pens is equal to the cost price of 18 pens, find the profit percent.
- Published on 06 Jul 15

a. 40%
b. 33.3%
c. 50%
d. 25%

ANSWER: 50%
 
Selling price of 12 pens = cost price of 18 pens
Therefore, the profit is 6 pens and cost price is 12 pens.
% profit = profit/cost price * 100
= 6/12 * 100
= 50%

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