If the purchased price of 50 articles and selling price
of 40 articles are the same, calculate the percentage
profit or loss?
Answers
Answered by
1
Answer:
25% profit is the answer.
Step-by-step explanation:
P%=((SP-CP)/CP)*100%
=(1/40-1/50)/(1/50)*100%
=25%
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Answered by
1
Answer:
Let C.P of one article =1 Rs.
Then C.P of 40 article=40 Rs.
According to the question
S.P of 50 article =C.P of 40 article=40 Rs.
We assume that C.P of one article =1Rs.
then C.P of 50 article=50 Rs.
Loss=50-40=10 Rs.
Loss %= 10/50 x 100
=20%
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