1.

The cost price of 25 beds is equal to the selling price of 20 beds. Then what is gain or loss percentage?1. 20% loss2. 25% gain3. 60% loss4. 75% gain

Answer» Correct Answer - Option 2 : 25% gain

Given:

The cost price of 25 beds = The selling price of 20 beds

Formula Used:

Profit percentage = {(SP – CP)/CP} × 100

Calculation:

Let CP of 1 bed be Rs. x

CP of 25 beds = Rs. 25x

SP of 20 beds = Rs. 25x

CP of 20 beds = Rs. 20x

Percentage profit = (25x – 20x)/20x × 100 = 25%

∴ Profit% is 25%


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