The cost price of 25 balls is the same as the selling price of 20 balls. Find the profit percentage.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 25%.
Given, 25CP = 20 SP
⇒ 5 CP = 4SP
⇒ CP : SP = 4 : 5
Profit percentage =
⇒ 100/4 = 25%