Question

Q23) 1.0 marks
60% of the cost price of an article is
equal to 50% of the selling price.
Then the profit or loss percentage on
the cost price is
20% profit
10% loss
25% profit
O 16.67% profit​

Answer 1

Answer:

A

Explanation:

let cp=100 then

60/100×100=50/100×sp

=》sp=60×2

=120

GAIN= 20/100×100

=20./. profit