If the cost price of 5 pens is equal to selling price of 4 pens. Find the profit or loss percentage.
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Step-by-step explanation:
The profit% is 25%.
Let the cost of 1 pen be Re.1
Cost of 5 pens Rs.5
Cost of 4 pens = Rs.4
Selling price of 4 pens = Cost price of 5 pens
Selling price of 4 pens=Rs.5
SP>CP
So, profit
Profit%= SPGP x 100
5-4 Profit% = 4 x 100
Profit% = 25%
Hence The profit% is 25%.
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