Question

the cost price of 60 articles is equal to selling price of 80 articles then find profit or loss percent in this transaction​

Answer 1

Answer:

20/60*100=33.3 profit.

Answer 2

Given; the cost price of 60 articles is equal to the selling price of 80 articles

To Find; the profit or loss per cent in this transaction

Solution; It is given that the cost price of 60 articles is equal to the selling price of 80 articles

Let the sale price be y and the cost price be y

60*x=80*y

x/y=4/3

x=4y/3

Loss=Cost price - Sale price=4y/3-y=y/3

Loss per cent =25

Hence the loss per cent is 25