Question

    The cost price of 25 items is the same as the selling price of 20 items. Find the gain per cent.

    A 40% Correct Answer Incorrect Answer
    B 30% Correct Answer Incorrect Answer
    C 50% Correct Answer Incorrect Answer
    D 25% Correct Answer Incorrect Answer

    Solution

    According to the question 25 CP =20 SP CP: SP=4:5 Let CP = 4unit and SP = 5unit Profit =5-4 = 1 unit Profit percentage = (1/4) × 100 = 25%

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