4. The cost price of 30 articles is equal to the selling price of 25 articles
Find the loss or gain percent
Answers
Answered by
1
Answer:
cp×30=sp×25
cp/sp=25/30
profit=5
p%=20
Answered by
7
Answer:
Given in the Question :
⇒ Cost price of 30 = Selling price of 25
⇒ CP × 30 = SP × 25
- Dividing both side by 5
⇒ CP × 30/5 = SP × 25/5
⇒ CP × 6 = SP × 5
⇒ CP/SP = 5/6
⇒ CP : SP = 5 : 6
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Now, Cost Price is 5 and Selling Price is 6
• Calculation of gain percent :
⇢ Gain% = Gain/CP × 100
⇢ Gain% = (SP - CP)/CP × 100
⇢ Gain% = (6 - 5)/5 × 100
⇢ Gain% = 1/5 × 100
⇢ Gain% = 20%
∴ Hence, gain percent on articles is 20%.
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