If the cost price of 58 articles is equal to the selling price of 50 articles, then what is the percent profit?  Choose the correct choice from the following answers:
A) 12%
B) 16%
C) 20%
D) 24%
E) 28%
Let x be the cost price of one article.   Let y be the selling price of one article.   50y = 58x   y = 1.16x   The answer is 16%.
<result>B</result>
If the cost price of 58 articles is equal to the selling price of 50 articles, then what is the percent profit?