Multiple choice

The ratio of the cost price and the selling price is 4 : 5. The profit or loss percentage is

  1. 25% profit

  2. 20% profit

  3. 25% loss

  4. 20% loss

  5. None of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let the c.p. be Rs.100.

Then, s.p. = c.p.*5/4 = 100*5/4 = 125

So, clearly the % profit = 25%

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