Question 41

If the cost price of 20 articles is equal to the selling price of 25 articles, then the
percentage profit or loss made is_______.

Solution

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Let the cost price of one article be C.P and selling price of one article be S.P

It is given that,

20C.P = 25S.P

Loss% = $$\ \frac{\ C.P-S.P}{C.P}\times100$$ = $$\ \ \frac{\ \frac{5}{4}S.P-S.P}{\frac{5}{4}S.P}\times\ 100\ $$ = 20%

Answer is option D.

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