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If selling price of 16 items is same as the cost price of 20 items then there is a?
gain 25%
If the selling price of 16 items is equal to the cost price of 20 items then there is gain or loss?
Answer:gain 25% i.e, 16 items selling price 1000rs=20 items cost price,automatically we find there is gain. selling price of 1 item=1000/16=62.50; cost price of 1 item=1000/20=50; den,gain%=(s.p-c.p)/c.p=((62.5-50)/50)100=25%
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