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If the selling price of 320 pens is equal to the cost price of 400 pens, what is the percentage profit ?

Given \(320 \times \text{SP} = 400 \times \text{CP} \implies \frac{\text{SP}}{\text{CP}} = \frac{400}{320} = \frac{5}{4}\). Thus percentage profit \(= \frac{5 - 4}{4} \times…

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If the selling price of 320 pens is equal to the cost price of 400 pens, what is the percentage profit ?

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Correct answer C

Given 320×SP=400×CP  ⟹  SPCP=400320=54320 \times \text{SP} = 400 \times \text{CP} \implies \frac{\text{SP}}{\text{CP}} = \frac{400}{320} = \frac{5}{4}. Thus percentage profit =5−44×100%=25%= \frac{5 - 4}{4} \times 100\% = 25\%.

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