The cost price of 16 articles is equal to selleing price of 20 articles. the agin or loss % is ? ?

Question

The cost price of 16 articles is equal to selleing price of 20 articles. the agin or loss % is ? ?

Answer 1

Let CP of 1 article = x

16x = SP of 20 articles

SP of 1 article = 4x/5 =0.8x

CP>SP

THEREFORE LOSS

Loss = CP-SP = x-0.8x = 0.2x

LOSS% = (CP-SP/CP)*100 = 100*( x- 0.8x / x ) = 100*(0.2x/x) = 20

Loss( in %) = 20%  

Answer 2

its a gain i dont know the % though. sorry D:

Answer 3

c = cost, x = selling price

16c = 20x

c = 1.25x

% of gain or - loss based on sales:

= 100%(x - 1.25x)

= 100%(- 0.25)

= - 25%

Answer: 25% is the loss based on sales.

% of gain or - loss based on cost:

= 100%([x - 1.25x]/1.25x)

= 100%(- 0.25/1.25)

= 100%(- 1/5)

= - 20%

Answer: 20% is the loss based on cost.