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A man buys 12 articles for $ 12 and sells them at the rate of $ 1.25 per article. His gain percentage is :
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- 20%
- 25%
- 15%
- 18%
Correct Option: B
Here , C.P. of 12 articles = 12
S.P. of 12 articles = 12 × 1.25 = 15
Total Profit = S.P. of 12 articles - C.P. of 12 articles = 15 – 12 = $ 3
| Gain % = | × 100 | C.P. of 12 articles |
| Gain % = | × 100 = 25% | 12 |
