Q: C.P. of 21 articles equals S.P. of 18 articles. Determine the percentage gain or loss.

A 12%
B 16 2/6%
C 20%
D 24%
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Answer: B

Explanation:

Let C.P of each article be Re. 1 Then, C.P of 18 articles = Rs.18, S.P of 18 articles = Rs. 21.
$∴ G a i n = (\frac{3}{18} \times 100) % = 16 \frac{2}{6} %$

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Q: C.P. of 21 articles equals S.P. of 18 articles. Determine the percentage gain or loss.

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