Multiple choice

If the cost price of 25 tables is equal to the selling price of 20 tables, then the profit percentage is

  1. 20%

  2. 21%

  3. 23%

  4. 25%

  5. 27%
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Let CP be the cost price and SP be the selling price. 25 * CP = 20 * SP implies SP = 1.25 * CP. The profit is 0.25 * CP, which is 25%.

AI explanation

Let the cost price of one table be C and the selling price be S. The equation is 25C = 20S, which simplifies to S/C = 5/4. Using the profit percentage formula, Profit % = ((S - C) / C) * 100, we substitute the ratio to get ((5/4) - 1) / 1 * 100, yielding a profit of 25%.

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