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The Selling price of 3 aticles is equal to the cost price of 4 articles. The profit percent is:
1. 40%
2. 38%
3. 33.33%
4. 66.67%

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Correct Answer - Option 3 : 33.33%

Given:

S.P of 3 articles = C.P of 4 articles

Formula used:

Profit% = (Profit/C.P) × 100

Calculation:

According to the question,

3 × S.P = 4 × C.P

C.P = 3 and S.P = 4

Profit = (4 – 3) = 1

Profit% = (1/3) × 100% = 33.33%

The profit% is 33.33%

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