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The cost price of 30 articles is equal to the selling price of 25 articles. What is the profit percentage in this transaction?
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13% 20% 25% 30% |
20% |
CP30 = SP25 So, we can say that: \(\frac{ CP}{SP }\) = \(\frac{25 }{ 30}\) \(\frac{ CP}{SP }\) = \(\frac{5 }{ 6}\) Profit% = \(\frac{1 }{ 5}\) x 100 = 20% |
