Question

The selling price of 30 items is equal to the purchase price of 25 items. What is the profit or

loss percent​

Answer 1

Answer:

16.67% loss

Step-by-step explanation:

Let the Cost Price of 1 item be Rs.1

CP of 25 items = Rs.25

=> SP of 30 items = Rs.25

CP of 30 items = Rs.30

CP > SP

Loss = CP - SP = Rs.(30 - 25) = Rs.5

Loss percent = Loss/CP × 100 = 5/30 × 100 = 16.67%