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- If the cost price of 50 articles is equal to the selling price of 40 articles, then the gain or loss percent is?
Question 1:
If the cost price of 50 articles is equal to the selling price of 40 articles, then the gain or loss percent is?
A. 20% loss
B. 20% profit
C. 10% loss
D. None of these
Feedback Given that, cost price of 50 article is equal to selling price of 40 articles.
Let cost price of one article = Rs. 1
Selling price of 40 articles = Rs. 50
But Cost price of 40 articles = Rs. 40
Therefore, the trader made profit/Percentage of profit = 10/40 * 100 = 25%
Let cost price of one article = Rs. 1
Selling price of 40 articles = Rs. 50
But Cost price of 40 articles = Rs. 40
Therefore, the trader made profit/Percentage of profit = 10/40 * 100 = 25%
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