Question

An article when sold for Rs 960 fetches 20% profit .What would be the percent profit or loss if 5 such articles are sold for Rs 825 each ??

Answer 1

SP of an article = 960

CP of an article = 96000/120 = R.800

CP of 5 articles = 800 x 5 = Rs.4000

If SP of one article is 825

SP of 5articles = 825 x 5 = Rs.4125

He has profit of Rs.125 for 5 articles            (4125 - 4000 = 125)

Profit percentage = 125/4000   x  100 = 3.125%

Answer 2

Answer:

An article when sold for Rs 960 fetches 20% profit .

3.125 be the percent profit or loss if 5 such articles are sold for Rs 825 each