11
Q:
A) 33.33% | B) 22.22% |
C) 11.11% | D) 1% |
Answer: B) 22.22%
Explanation:
Explanation:
Let the cost price of 1 article = Rs. 1
From the given data,
Then, the selling price of 1 article = 22/18 = 11/9
Then, Profit = SP - CP = 11/9 - 1 = 2/9
Required, profit % = Profit/CP x 100
= [(2/9)/1] x 100
= 200/9
= 22.222%.