If the cost price of 48 articles is equal to the selling price of 32 articles, then what is the profit percentage?
Let cost price of 1 article = Rs. $$x$$ and selling price = Rs. $$y$$
According to ques, Cost price of 48 articles = Selling price of 32 articles
=> $$48x=32y$$
=> $$\frac{x}{y}=\frac{32}{48}=\frac{2}{3}$$
Let $$x=2$$ and $$y=3$$
$$\therefore$$ Profit % = $$\frac{(y-x)}{x}\times100$$
=Â $$\frac{3-2}{2}\times100=50\%$$
=> Ans - (C)
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