the cost price of 25 notebooks is equal to selling price of 20 notebooks .find the profit or loss percentage
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Let the cost price of each notebooks be 1.
CP of 25 notebook = 25.
and, CP of 20 notebook = 20
Now,
As per the question,
SP of 20 notebook = 25.
So, Profit = SP-CP = 25-20 = 5.
Profit percentage = 5/20 * 100 = 25 .
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Hope this helps you
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