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If the Cost price of 25 books is equal to the selling price of 20 book. Find the profit percent.1. 20%2. 25%3. 18%4. 15%5. 8% |
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Answer» Correct Answer - Option 2 : 25% Given Cost price of 25 books is equal to the selling price of 20 book Formula used Profit = {(SP - CP)/CP} × 100 Calculation CP of 25 books is same as SP of 20 books ⇒ 25CP = 20SP ⇒ CP/SP = 20/25 ⇒ Profit = 25 - 20 = 5 ⇒ Profit% = (5/20) × 100 ∴ Profit is 25% |
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