40 of the cost price and 50 of the selling price are equal.Find the profit or loss percentage
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Answer:
profit % = 25%
Step-by-step explanation:
let the price of each article be x rupees
thus, price for 40 articles = 40x rupees
cost price of 40 articles = 40x rupees
but its sold for the price of 50 articles
therefore, the selling price of 40 articles =50x rupees
profit=selling price-cost price
profit= 50x - 40x = 10x
profit % = profit/cost price*100
=10x/40x
=1/4*100
=1*25%
=25%
hope that helps u mate...plz mark my answer as the brainliest.... :-)
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