Question

If the purchased price of 50 articles and selling price

of 40 articles are the same, calculate the percentage

profit or loss.​

Answer 1

Answer:

25%

Step-by-step explanation:

50 CP = 40 SP

SP /Cp = 5/4

profit = 1/4

profit% = 1/4×100= 25%

Answer 2

Answer:

P% = 25%

Step-by-step explanation:

We can solve this Question in many ways, let me share with you the easiest of them,

Let 1 article cost ₹1

Then, CP of 50 articles = ₹50

CP of 40 articles = ₹40 ------ 1

According to the Question,

CP of 50 articles = SP of 40 articles

Thus,

SP of 40 articles = ₹50 ----- 2

As SP is greater than CP on 40 articles from eq.1 and eq.2, Profit occurs.

Profit = SP - CP

From eq.1 and eq.2 we get,

P = 50 - 40

P = ₹10

Now,

P% = (P/CP) × 100

P% = (10/40) × 100

P% = (1/4) × 100

P% = 25%

Hope it helped and you understood it........All the best