(1) The selling price of 7 articles is the same as the cost price of 5articles. Will, there be a profit or loss in this transaction?
(2) Priya got 25% extra rice when she bought 5 kg 25g. What is the total quantity of rice?
(3) A shopkeeper bought a chair for Rs 375 and sold it for Rs 400. Find the Gain Percentage.
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Step-by-step explanation:
(Q1)
SP = CP = 7 articles = 5 articles
SP = 5 articles
CP = 7 articles
- there is a loss
loss = CP - SP = 7 - 5 = 2
- thus loss is 2
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