Question

11. Find the loss or gain as percent. If the C.P. of 10 articles, all of the same kind, is
equal to S.P. of 8 articles.
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Answer 1

Answer:

25%

Step-by-step explanation:

when Cp of an article is equal to Sp profit or loss percentage is calculated by using the following formula

= C-S/S

= 10-8/8

= 2/8 = 1/4 = 25% profit

Note: Value is positive we consider it as profit and negative value is considered as loss.