Question

By selling 20 mangoes a person recovers the cost price of 25 mangoes Find the gain or loss percentage

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Answer 1

Answer:CP of 20 mangoes = SP of 15 mangoes.

let CP of 20 mangoes be x

SP of 15 manoes be x

CP of 1 mango is x/20

SP of 1 mango is x/15

x/15-x/20= x/60 is profit because SP is more.

Profit% = (x/60) /(x/20)×100

profit% = (x×20×100)/(60×x)

profit % = 100/3%

or 33.4%

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