Profit and Loss Practice Test 10

Question : 6 of 28

Marks: +1, -0

If the cost price of 23 toys is equal to the selling price of 20 toys, then the gain or loss percentage is:

Solution:

CP of 23 toys = SP of 20 toys
CP of 23 toys = Rs 23
SP of 20 toys = Rs 23
SP of 23 toys

=23/20×23=26.45

Gain/Loss%

={26.25-23}/23×100=15%

Go to Question:

Prev Question

Next Question