## If the purchased price of 50 articles and selling price of 40 articles are the same, calculate the percentage profit

Question

If the purchased price of 50 articles and selling price

of 40 articles are the same, calculate the percentage

profit or loss.​

in progress 0
3 weeks 2021-11-07T09:25:21+00:00 2 Answers 0 views 0

25%

Step-by-step explanation:

50 CP = 40 SP

SP /Cp = 5/4

profit = 1/4

profit% = 1/4×100= 25%

P% = 25%

Step-by-step explanation:

We can solve this Question in many ways, let me share with you the easiest of them,

Let 1 article cost ₹1

Then, CP of 50 articles = ₹50

CP of 40 articles = ₹40 —— 1

According to the Question,

CP of 50 articles = SP of 40 articles

Thus,

SP of 40 articles = ₹50 —– 2

As SP is greater than CP on 40 articles from eq.1 and eq.2, Profit occurs.

Profit = SP – CP

From eq.1 and eq.2 we get,

P = 50 – 40

P = ₹10

Now,

P% = (P/CP) × 100

P% = (10/40) × 100

P% = (1/4) × 100

P% = 25%

Hope it helped and you understood it……..All the best