If selling price of 40 articles is equal to cost price of 50 articles, the loss or gain percent is
A)25% loss
B)20% loss
C)25% gain
D)20% gain

Question

Quizplus · Accepted Answer

Selling price of 40 articles = Cost price of 50 articles=> Selling price of 1 article = Cost price of 50/40 articles=> Selling price of 1 article = Cost price of 5/4 articles=> Loss = Cost price - Selling price=> Loss = 5/4 - 1=> Loss = 1/4=> Loss % = (Loss/Cost price) * 100=> Loss % = (1/4 * 100)/5=> Loss % = 25%

If Selling Price of 40 Articles Is Equal to Cost