Question

If the cost price of an article is ₹632, selling price of an article is ₹765 and total profit earned is ₹1596, then the number of articles sold are:

• A. 12
• B. 14
• C. 10
• D. 11

Hint:

To convert a rank from the top to a rank from the bottom, subtract the rank from the total number of students and add 1.

Answer 1

The Correct Option is B

Step 1: Understanding the profit per article.
The profit per article is the difference between the selling price and the cost price: \[ \text{Profit per article} = 765 - 632 = 133. \] Step 2: Calculating the number of articles sold.
The total profit earned is ₹1596. The number of articles sold can be calculated by dividing the total profit by the profit per article: \[ \text{Number of articles sold} = \frac{1596}{133} = 12. \] Step 3: Conclusion.
The number of articles sold is 12, so the correct answer is (1) 12.