Question : The cost price of 27 articles is the same as the selling price of 18 articles. What is the gain or loss percentage?
Option 1: 50% gain
Option 2: 60% loss
Option 3: 30% loss
Option 4: 90% gain
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Correct Answer: 50% gain
Solution : The cost price of 27 articles is the same as the selling price of 18 articles. Let the cost price of 1 article be Rs. 1 The cost price of 18 articles = Rs. 18 The selling price of 18 articles = the cost price of 27 articles = Rs. 27 Profit on selling 18 articles = 27 – 18 = Rs. 9 Gain % = $\frac{9}{18}\times 100$ = 50% Hence, the correct answer is a 50% gain.
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