The selling price of 15 items equals the cost of 20 items. What is the percentage of profit earned by the seller?

The selling price of 15 items equals the cost of 20 items. What is the percentage of profit earned by the seller?

A 33.3%

B 55.5%

C 48.3%

D 32.2%

Solution

Correct Answer: Option A

Profit(%)= (5/15)100=33.33%