Question

Rohit bought 40 articles at Rs.20 and sold 25 articles at Rs.25. Find his profit%/loss %?​

Answer 1

Answer:

100%

Step-by-step explanation:

CP of 40 articles= ₹20

CP of 1 article= ₹ $\frac{20}{40}$ = ₹0.5

SP of 25 articles= ₹25

SP of 1 article= ₹ $\frac{25}{25}$ = ₹1

Profit percentage= $\frac{(SP-CP)}{CP}$ × 1OO = $\frac{(1-0.5)}{0.5}$ × 100 = 100%