If the selling price of 50 articles is equal to the cost price of 40 a – InterviewSolution

InterviewSolution

1.

If the selling price of 50 articles is equal to the cost price of 40 articles, then the loss or gain percent is:

Answer»

20% Loss

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

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

S.P. of 50 articles = Rs. 40.

Loss % = 10/50 * 100 = 20%

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