a person sells 20 candies for 150 and gets a profit equivalent to C.P of 5 candies. Find the profit percentage
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Answer: 25% profit
Step-by-step explanation:
S.P of 20 candies = Rs. 150
Profit = C.P of 5 candies
We know,
S.P - C.P = P
20 S.P - 20 C.P = 5 C.P
20 S. P = 25 C.P
C.P/S.P = 20/25
C.P : S.P = 20 : 25
Profit % = P/C.P * 100 = 5/20 * 100 = 25%
ALTERNATE:
Since P = C.P of 5 candies and as he had sold 20 candies (he should have definitely bought 20)
Directly, P% = 5/20 * 100 = 25%
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