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Selling price of 25 articles is equal to...

Selling price of 25 articles is equal to cost price of 20 articles. Find profit/loss percent?

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To solve the problem step by step, we will follow the logic presented in the video transcript. ### Step 1: Define Variables Let the selling price (SP) of 25 articles be equal to \( x \). Therefore, the cost price (CP) of 20 articles is also equal to \( x \). ### Step 2: Find Selling Price and Cost Price of One Article - Selling Price of one article (SP) = \( \frac{x}{25} \) - Cost Price of one article (CP) = \( \frac{x}{20} \) ### Step 3: Compare Selling Price and Cost Price Since \( \frac{x}{20} > \frac{x}{25} \), we can conclude that the cost price (CP) is greater than the selling price (SP). This indicates a loss in this transaction. ### Step 4: Calculate the Loss The formula for loss is: \[ \text{Loss} = \text{CP} - \text{SP} \] Substituting the values we found: \[ \text{Loss} = \frac{x}{20} - \frac{x}{25} \] ### Step 5: Find a Common Denominator To subtract these fractions, we need a common denominator. The least common multiple of 20 and 25 is 100. Thus, we can rewrite the fractions: \[ \text{Loss} = \frac{5x}{100} - \frac{4x}{100} = \frac{(5x - 4x)}{100} = \frac{x}{100} \] ### Step 6: Calculate Loss Percentage The formula for loss percentage is: \[ \text{Loss Percent} = \left( \frac{\text{Loss}}{\text{CP}} \right) \times 100 \] Substituting the values: \[ \text{Loss Percent} = \left( \frac{\frac{x}{100}}{\frac{x}{20}} \right) \times 100 \] ### Step 7: Simplify the Expression Now, simplifying the fraction: \[ \text{Loss Percent} = \left( \frac{x}{100} \times \frac{20}{x} \right) \times 100 \] The \( x \) cancels out: \[ \text{Loss Percent} = \left( \frac{20}{100} \right) \times 100 = 20\% \] ### Conclusion The loss percentage in this transaction is **20%**. ---
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ADVANCED MATHS BY ABHINAY MATHS ENGLISH-PROFIT & LOSS-Questions
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