find the loss or gain as percent, uf the C.P. of 10 articles all of the same kind is equal
Answers
C.P. of 10 articles = S.P. of 8 articles = ₹80 (suppose)
∴ C.P. of 1 article = 80/10
= ₹8
And S.P. of 1 article = 80/8
= ₹10
∴ Gain = S.P. – C.P.
= ₹10 - ₹8
= ₹2
Gain% = (Gain × 100)/C.P.
= (2 × 100)/8
= 25%
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