If selling price of 16 items is same as the cost price of 20 items, then there…
2026
If selling price of 16 items is same as the cost price of 20 items, then there is a
- A.
loss of 20%
- B.
loss of 25%
- C.
gain of 20%
- D.
gain of 25%
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Show answer & explanation
Correct answer: D
Solution: 4
Let SP of 1 item = Rs 1.
Then SP of 16 items = Rs 16
We are given that CP of 20 items = Rs 16
CP of 1 item = Rs 16/20
= Rs 0.8
Profit on every item = SP – CP
= 1 – 0.8
= 0.2
Gain Percentage = Gain/CP × 100
= 0.2/0.8 × 100
= 25%