Instruction: Choose the most appropriate answer to the question below.
SCHOLARSHIP QUESTION:
If the selling price of 16 items is the same as the cost price of 20 items, then there is a
A. Lossof20%
B. Lossof25%
C. Gain of20%
D. Gain of 25%
E. None of these
The Correct Answer is:
D. Gain of 25%
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