The selling price of 4 articles is same as the cost price of 5 articles. Find the loss or profit percent.
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Answer:
25%profit
Step-by-step explanation:
If the CP of each article be $ 1 then
CP of 4 articles = $ 4
SP of 4 articles = $ 5
Profit = SP of 4 articles - CP of 4 articles = 5 - 4 = $ 1
∴ Profit percent =
(Profit/CP of 4 articles)*100%
Profit percent = 1/4*100 = 25%
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