the cost price of 25 notebooks is equal to selling price of 20 notebooks . find the profit or loss of percentage.
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Answers
Answer:
25
Step-by-step explanation:
SP of 20 notebook = 25. So, Profit = SP-CP = 25-20 = 5. Profit percentage = 5/20 * 100 = 25 .
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Given:
Cost Price (C.P.) of 25 notebooks = Selling Price (S.P.) of 20 notebooks
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To find:
The profit or loss %.
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Solution:
Let C.P. of 1 notebook be ₹1.
So,
C.P. of 25 notebooks = ₹(1×25)
= ₹25
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S.P. of 20 notebooks = ₹25
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Now,
S.P. of 1 notebook = ₹
= ₹
So,
S.P. of 25 notebooks =
= ₹31.25
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₹31.25 > ₹25
S.P. > C.P.
As, S.P. is greater than C.P., therefore it is a profit.
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We know that,
Profit = S.P. - C.P.
Profit = ₹(31.25 - 25)
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Now,
Profit% = × 100%
Profit% =
Profit% = 0.25 × 100%
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Final answer:
The profit% is of 25%.