The cost price of 25 articles is equal to the selling price of 20 articles. Find the profit/ loss percentage.

Question of The Day31-01-2022

Answer

Correct Answer : a ) 25% profit

Explanation :

According to the question

Let the Cost price be CP and Selling price be SP

⇒ 25 × CP = 20 × SP

⇒ CP = 4 units and SP = 5 units

⇒ Profit = 5 – 4 = 1 unit

We know that

⇒ 25%

Hence, (a) is the correct answer.

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