If selling price of 40 articles is equal to cost price of 50 articles, what will be the loss or gain percent?
Answers
Answered by
2
Answer:
25percent
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Answered by
1
let CP of 1 articles is =1 rupees
then CP of 40 articles = 40 rupees
according to the question
SP of 50 articles = CP of 40 article =40Rs
we assume that CPof one article = one rupees
then CP of 50 articles is equal to 50 rupees
loss is equal to 50 - 40 = 10 rupees
loss %= 10 /50×100=20%
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