The cost price of 30 apples is equal to the selling price of 25 apples. Find the loss or gain percent.
Answers
Answer:
It's neither loss nor profit.
Step-by-step explanation:
loss : when selling price is less than cost price.
profit : when cost price is greater than selling price.
selling price = cost price (given)
so, it's neither loss nor profit
Answer:
It is a profit
profit % = 20%
Step-by-step explanation:
Let say
cost price of 30 apples = selling price of 25 apples = 100 rupees
Now, we need to compare the price for same number of apples then only we can say if it is profit or loss
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selling price of 25 apples = 100 rupees
selling price of 30 apples = (100/25) * 30 = 120 rupees
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Because cost price of 30 apples = 100 rupees
It is a profit = SP - CP = 120 - 100 = 20 Rupees
profit % = (profit/CP) * 100 = (20/100 ) * 100 = 20%