Selling price of 35 articles is equal to cost price of 25 articles. Find profit or loss percentage.
Answer & explanation
Correct answer: option 2
S.P. of 40= C.P. of 35
C.P : S.P. = 8 : 7
Loss = 1
Loss Percent = \(\frac{1}{8}\) × 100% = 12 \(\frac{1}{2}\) % = 12.5%