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Discussion :: Profit and Loss

  1. If the cost price of 50 articles is equal to the selling price of 40 articles, then the gain or loss percent is?
    2. A.
    20% loss
    B.
    20% profit
    C.
    10% profit
    D.
    25% loss
    E.
    None of these

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    Workspace

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    Answer : Option E

    Explanation :

    Given that, cost price of 50 article is equal to selling price of 40 articles.

    Let cost price of one article = Rs. 1

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