Question

cost price of 20 articles is equal to share price of 25 articles find the percentage profit and loss

Answer 1

cp is cost price and sp is selling price.

20 cp = 25 sp i.e. cp/sp = 25/20 = 5/4

Say cp = 5 and sp = 4

Loss = cp — sp = 1

Loss % = (1/5)*100 = 20%