Question

A man bought 20 article at rs. 25 and sold 30 article at rs. 45. What is the loss or gain %

Answer 1

Answer:
80%

Explanation:
Original price at which the articles were bought, i.e. cost price = ₹25
Price at which the articles were sold, i.e. selling price = ₹45

Here, selling price > cost price.
Therefore, there is a profit/gain.

Profit = selling price - cost price
= 45 - 25
= ₹20

Profit % = 100 * Profit / Cost Price
= 100 * 20 / 25
= 2000 / 25
= 80%