if cost price of 25 pens is equal to the sales price of 20 Pence profit percentage will be
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If the CP of M articles = SP of N articles then the
% profit/loss = {(m-n)/ n } *100 = {(20-25)/ 25 } *100 = -5/25 * 100 =-20%
-ve sign implies it is a loss of 20%
ankit8947:
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25%
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step-by-step explanation:
let,
Cost price of 25 pens = ₹ 1
then,
Cost price of 1 pen = ₹ 1/25
Now,
let,
Selling price of 1 pen = ₹ x
then,
selling price of 20 pen = ₹ 20x
given,
CP of 25 pens = SP of 20 pens
=> 20x = 1
=> x = 1/20
so,
SP of 1 pen = ₹ 1/20
.°. Gain = SP - CP
= ₹ (1/20 - 1/25) { considering 1 pen }
= ₹ 1/100
therefore,
gain % = (gain / C.P × 100)%
= {(1/100)/(1/25) × 100}%
= (2500/100)%
= 25%
hence,
profit % = 25%
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