The selling price of 24 articles is equal to the cost price of 26 articles. What is the gain percentage (correct to one decimal place) in sucha situation ?
According to question,
24 × selling price = 26 × cost price
⇒$$\frac{\left(selling\ price\right)}{\left(\cos t\ price\right)}=\ \frac{26}{24}$$
⇒profit = selling price - cost price = 26-24 = 2
the percentage profit = $$\frac{profit}{\cos t\ price}\times\ 100$$
= $$\frac{2}{24}\times\ 100$$
= 100/12 = $$\frac{25}{3}\%$$
hence answer is option B
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