If the selling price of $12$ articles equals the cost price of $15$ articles, the gain percentage is:

Question

If the selling price of $12$ articles equals the cost price of $15$ articles, the gain percentage is:

Option A

20%

Option B — Correct answer

25%

Correct choice.

Option C

30%

Option D

33.33%

Explanation

Let the cost price of one article be $x$. Then the selling price of one article is $\frac{15x}{12}=\frac54x$. So the gain is $25\%$.

Chapter Mock 4: Profit and Loss