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If the Cost price of 25 books is equal to the selling price of 20 book. Find the profit percent.
1. 20%
2. 25%
3. 18%
4. 15%
5. 8%

1 Answer

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Best answer
Correct Answer - Option 2 : 25%

Given

Cost price of 25 books is equal to the selling price of 20 book

Formula used

Profit = {(SP - CP)/CP} × 100

Calculation

CP of 25 books is same as SP of 20 books

⇒ 25CP = 20SP

⇒ CP/SP = 20/25

⇒ Profit = 25 - 20 = 5

⇒ Profit% = (5/20) × 100

∴ Profit is 25%

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