A man bought 20 article at rs 25 and sold 30 articles at rs 45 what is the loss or gain percentage
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20% gain in whole transaction
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CP of 20 articles = 25
CP of 1 article = 25/20 = 5/4
SP of 30 articles = 45
SP of 1 article = 45/30 = 3/2
SP is greater hence profit
So Profit = SP - CP = 3/2 - 5/4 = (6-5)/4 = 1/4
Profit % = profit/CP x 100 = 4/20 x 100 = 20%
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