if the cost price of 25 sofas is equal to the selling price of 30 sofas. find the profit or loss percentage
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Step-by-step explanation:
CP of 1 sofa be Rs. 1
CP of 30 sofa be Rs.30
Given CP of 30 sofa
= SP of 25 sofa
SP of 25 sofa = Rs. 30
CP of 25 sofa = Rs. 25
Gain = SP - CP = 30-25
= 5
Gain % =
25
5
×100
= 20%
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