MN Exam :CAT / MAT / XAT - Maths / Quantitative Ability

CAT / MAT / XAT - Maths / Quantitative Ability - Percentage

2nd January 2016, 6:01 pm

If the cost price of 20 articles is equal to the selling price of 16 articles, what is the percentage profit or loss made by the merchant?

25% profit

20% profit

25% loss

33.33% loss

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