A shopkeeper sells 20 pencils for same amount of money as he paid for 25 pencils. his gain percent?

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7.Profit and Loss

medium

A shopkeeper sells $20$ pencils for the same amount of money as he paid for $25$ pencils. What is his gain percent?

A

$20$

B

$25$

C

$24$

D

None of these

Solution

Here, $m=25, n=20$

$\therefore \quad \%$ gain $=\left(\frac{m-n}{n}\right) \times 100=\left(\frac{25-20}{20}\right) \times 100$

$=25 \%$

Standard 13

Quantitative Aptitude

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