Question

5.
The cost price of 25 articles is equal to selling
price of 20 articles. What is profit or loss %?​

Answer 1

Step-by-step explanation:

the C.P. of each article be $ 1.

∴ C.P. of 20 articles = $ 20

and S.P. of 20 articles = $ 25

Profit = S.P. of 20 articles - C.P. of 20 articles = 25 - 20 = $ 5

Percentage profit = (Profit× 100)/C.P. of 20 articles

Percentage profit = (5× 100)/ 20

= 25%