Discussion

Q.

The cost price of 25 articles is the same as the selling price of 30 articles. Find the profit or loss percentage in the transaction.

A. 20% profit

B. 20 % loss

C. 16.66% profit

D. 16.66% loss

Correct Option is D

Explanation:

25                1      30 (CP)

     

 30                 1    25  (SP)

Loss = 5

Loss % = 530×100=16.66%

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