If cost price of 5 cars is equal to selling price of 4 cars. Find the – InterviewSolution

1.

If cost price of 5 cars is equal to selling price of 4 cars. Find the percentage of profit or loss?

Answer»

Let cost price of one car be CPLet selling price of one car be SP

As per given condition5*CP = 4*SP

SP = 5/4 CP

Therefore,Gain % = (SP - CP/CP)*100 = (5/4CP - CP/CP)*100 = 100/4 = 25%

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