A shopkeeper buys pencils at 10 for Rs 10 and sells them at 8 for Rs10 .Find the gain %
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C.P of 10 pencils = Rs.10
=> C.P. of each pencil = 10/10 = Rs.1
S.P. of 8 pencils = Rs.10
=> S.P. of each pencil = 10/8 = Rs.1.25
Now,gain = 1.25 - 1 = 0.25
=>Gain % = gain/C.P. x 100 = 0.25/1 x 100 = 25%
=> C.P. of each pencil = 10/10 = Rs.1
S.P. of 8 pencils = Rs.10
=> S.P. of each pencil = 10/8 = Rs.1.25
Now,gain = 1.25 - 1 = 0.25
=>Gain % = gain/C.P. x 100 = 0.25/1 x 100 = 25%
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