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Discussion :: Profit and Loss

  1. If the selling price of 50 articles is equal to the cost price of 40 articles, then the loss or gain percent is:
    2. A.
    20% loss
    B.
    20% gain
    C.
    25% loss
    D.
    25% gain

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    Answer : Option A

    Explanation :

    Let C.P. of each article be Re. 1.

    Then, C.P. of 50 articles = Rs. 50;

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