Question

the cost price of 20 eggs is equal to selling price of 16 eggs . find the gain or loss percent

Answer 1

It is profit
Profit Percentage is 25 %

Answer 2

Cp of 20 eggs=sp of 16 eggs
Let the cp be rs.1
Cp of 20 eggs = rs.20
Sp of 16 eggs= rs.20 (it should be rs.16)
Profit=SP-CP
Profit= 20-16(cp is 16 because sp of 16 eggs should be 16)
Profit= rs.4
Profit percent=profit/cp*100
=4/20*100=20%