CP of 40 articles is equal to the SP of 30 articles. What is the profit/loss percentage?a)25% Profitb)33.33% profitc)25% lossd)33.33% lossCorrect answer is option 'B'. Can you explain this answer?

Question

Answer

Given:
- CP of 40 articles = SP of 30 articles

To find:
- Profit/loss percentage

Let's assume the cost price (CP) of each article is $1.

If the CP of 40 articles is $40 (40 x $1), then the SP of 30 articles will also be $40.

Profit Calculation:
- CP of 40 articles = $40
- SP of 30 articles = $40

Profit = SP - CP
Profit = $40 - $40
Profit = $0

Since there is no profit, we can say there is no profit percentage.

Loss Calculation:
- CP of 40 articles = $40
- SP of 30 articles = $40

Loss = CP - SP
Loss = $40 - $40
Loss = $0

Since there is no loss, we can say there is no loss percentage.

Therefore, the answer is neither a profit nor a loss.

However, if we assume the CP and SP values to be different, then we can calculate the profit or loss percentage.

For example, let's assume the CP of 40 articles is $50 and the SP of 30 articles is $60.

Profit Calculation:
- CP of 40 articles = $50
- SP of 30 articles = $60

Profit = SP - CP
Profit = $60 - $50
Profit = $10

Profit Percentage = (Profit / CP) x 100
Profit Percentage = ($10 / $50) x 100
Profit Percentage = 20%

In this case, the profit percentage is 20%. Therefore, the given options do not match the scenario described in the question.

Answer

How

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