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the selling price of 4 articles is the same as the cost price of 5 arrivals. on selling one artical the profit gained by the shopkeeper is how many times that of its cost price?
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Answer:
25 %
Step-by-step explanation:
Let C.P. of 1 article is Rs. x.
⇒ C.P of 5 articles = Rs. 5x
Given, C.P of 5 articles = S.P. of 4 articles
⇒ S.P of 4 articles = Rs. 5x
⇒ S. P of 1 articles = Rs. 45x
Profit = 45x−x= Rs. 4x
Profit %= ⎝⎛x4x×100⎠⎞%=25%
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