A) 16%
B) 20%
C) 25%
D) 30%
Correct Answer: C
Solution :
Purchase price of 20 horses = Sale price of 16 horses Then, Profit percentage \[=\frac{20-16}{16}\times 100\] \[=\frac{4\times 100}{16}\] \[=25%\]You need to login to perform this action.
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