Question

If cost price of 40 mangoes is equal to selling price of 25 mangoes then find the profit or loss percentage in this transaction.​

Answer 1

Step-by-step explanation:

Let the C.P of each mango = x

C.P of 25 mangoes = 25x

S.P of 25 mangoes = C.P of 40 mangoes = 40x

Thus,C.P = 25x and S.P = 40x

Since ( S.P ) <( C.P ),there is a gain

Therefore, Gain = ₹ ( 40x-25x ) = ₹15x

Gain% = ( gainx100/c.p )

= ( 40x/25x.100 ) % = 160%