The C.P. of 5 identical articles is equal to S.P. of 4 articles. Calculate the profit percent or loss percent made if all the articles bought have been sold.
Answers
25% profit made if all the articles bought have been sold if The C.P. of 5 identical articles is equal to S.P. of 4 articles
Step-by-step explanation:
The C.P. of 5 identical articles is equal to S.P. of 4 articles.
Let say cost Price of one article = C
=> Cost Price of 5 artciles = 5C
Let say sell price of one article = S
=> sell price of 4 articles = 4S
=> 4S = 5C
=> S = 1.25C
Sell price of one article = 1.25C
Cost Price of one article = C
Profit = 1.25C - C = 0.25C
Profit % = (0.25C/C) * 100 = 25%
25% profit made if all the articles bought have been sold
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Answer:
Step-by-step explanation:
CP of 5 articles = SP of 4 articles
Let CP = x/5
Let SP = x/4
x/5 < x/4 (profit)
Profit = x/5-x/4= x/20
Profit% = x/20*100*5/x = 25% profit is answer.