Question

Cost price of 10 articles is equal to selling
price of 8 articles. Find the gain or loss per
cent.
A. 15%
B. 20%
C: 25%
D. 30%​

Answer 1

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Cost price of 10 articles is equal to selling price of 8 articles. Find the gain or loss percent

A. 15%

B. 20%

C: 25%

D. 30%

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If cost price = 4,

then sale price = 5.

Thus: (5 - 4)/4 x 100

= 1/4 x 100

= 25% gain.

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