If the cost price of 20 articles equals to the selling price of 25 articles, what is the % of profit or loss made by the merchant?

A     25% loss

B    25% profit

C    20% loss

D    20% profit

Solution

Correct Answer: Option C

 

suppose,  

cost price of each article is 1 tk so, cost price of 20 article is =20 tk  so, "   "        "   25   "     "   =25 tk  but, selling price of 25 article is 20 tk   loss =25-20 tk= 5 tk loss percentage = 5 X 100 /25 =20 tk 

 

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