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Selling price of 9 articles is equal to the cost price of 15 articles. In this transaction there is profit of 6623%.

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Question

Selling price of 9 articles is equal to the cost price of 15 articles. In this transaction there is profit of `66 2/3%`.

Options

  • True

  • False

MCQ
True or False
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Solution

This statement is True.

Explanation:

Selling price of 9 articles = Cost price of 15 articles

It means, 15 articles – 9 articles = 6 articles

Cost price of 6 articles is the profit on transaction.

∴ Profit % = `6/9 xx 100`

= `600/9`

= `200/3`

= `66 2/3%`

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Chapter 9: Comparing Quantities - Exercise [Page 292]

APPEARS IN

NCERT Exemplar Mathematics Exemplar [English] Class 8
Chapter 9 Comparing Quantities
Exercise | Q 57. | Page 292

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