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

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7.Profit and Loss

medium

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

A

$25 \%$ gain

B

$20 \%$ gain

C

$25 \%$ loss

D

$20 \%$ loss

Solution

$S.P$ of $40$ articles $=$ $C.P$ of $50$ articles

$\frac{C P}{S P}=\frac{40}{50} \Rightarrow \frac{4}{5}$

Profit $\%=\frac{5-4}{4} \times 100=25 \%$

Standard 13

Quantitative Aptitude

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