Question

if S.P of 16 articles is equal to the C.P of 20 articles. Find the gain or loss%
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Answer 1

Step-by-step explanation:

Let C.P. of 1 article = Re. 1

C.P. of 20 articles = Rs.20

and C.P. of 16 articles = Rs.16

S.P. of 16 articles = Rs.20

[S.P. of 16 articles = C.P. of 20 articles]

Gain = Rs.20 – Rs.16 = Rs.4

Gain% = 4/16 x 100

= 4×100

16

= 25%

The Gain% is 25%.