The selling price of 30 articles is equal to the purchase price of 25 articles. Find the percentage of…
If the selling price of 30 articles equals the cost price of 25, then \[\frac{SP}{CP}=\frac{25}{30}=\frac{5}{6}\] The loss is one sixth of the cost price, that is…
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The selling price of 30 articles is equal to the purchase price of 25 articles. Find the percentage of profit or loss.
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Correct answer B
If the selling price of 30 articles equals the cost price of 25, then The loss is one sixth of the cost price, that is loss.
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