Q. If the cost price of 23 toys is equal to selling price of 20 toys. Then the gain or loss percentage is ?
Here, a = 23, b = 20 ∴ Required percentage profit = [(a - b)/b] x 100 % = [(23 - 20)/20] x 100% = 15%
You must be Logged in to update hint/solution
Discusssion
Login to discuss.