Question

The CP of 25 articles is equal to the SP of 30 articles. Find the profit or loss percentage​

Answer 1

There is a loss

The loss percentage is 20%

Explanation:

Here, the cost price of 25 articles is equal to the sale price of 30 articles

,So,

Cost Price of 25 = Sale Price of 30,

Then the relation can be written as,

(Cost Price)(25) = (Sale Price)(30)

Cost Price = (Sale Price)(30/25)

Cost Price = (1.2)(Sale Price)

Or,

Cost Price = 120%(Sale Price)

Hence,

The cost is greater than the amount made by selling by 20%.

Hence there is a 20% loss at sale