If the selling price of 40 articles is equal to the cost price of 50 articles, then the loss or gain…
The correct choice is: 25% gain Let the CP of one article be Re 1. Then CP of 40 articles = Rs. 40 and their SP = CP of 50 = Rs. 50. \[\text{Gain…
Choose your answer
If the selling price of 40 articles is equal to the cost price of 50 articles, then the loss or gain percent is
Answer and explanation
Correct answer C
The correct choice is: 25% gain
Let the CP of one article be Re 1. Then CP of 40 articles = Rs. 40 and their SP = CP of 50 = Rs. 50.
Hence the answer is 25% gain.
Practice for these exams
-
NCHM Joint Entrance Examination (NCHM JEE)