If C.P. of 25 books is equal to S.P of 30 books , then your gain or loss is ?
If C.P. of 25 books is equal to S.P of 30 books , then your gain or loss is ?
Answer/Solution
16.7% loss %
Steps/Work
Say the cost price of 25 books is $25 so $1 for a book.
The cost of 30 books would be $30, and the selling price of 30 books would be 25$, hence the loss = ($30 - $25)/$30 = ~16.7%.
Answer: C.
The cost of 30 books would be $30, and the selling price of 30 books would be 25$, hence the loss = ($30 - $25)/$30 = ~16.7%.
Answer: C.