Multiple choice

If the cost price of 15 articles be equal to selling price of 20 articles, what is the loss or profit percentage?

  1. 25% loss

  2. 20 % loss

  3. 20% gain

  4. 25% gain

  5. No loss or gain
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

It is correct answer.

Solution :

Profit / loss percentage = - 5/20 * 100 = 25%

Loss as it is in negative.

Keep practicing — related questions