find the loss or gain has percent if the cost price of 10 articles all of the same kind is equal to selling price of 8 articles
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Answer:
20%
Step-by-step explanation:
Let the the sell price of 10 articles be Rs x.
The sell price of 1 articles =Rs x/10
The sell price of 10 articles = the cost price of 8 articles
The cost price of 8 articles=Rs x
The cost price of 1 article=Rs x/8
Here,the cost price of 1 article is greater than the sell price of 1 article.
Loss=cost price - sell price
=Rs( X/8-x/10)
=Rs X/40
Percent loss=loss /cost price ×100
Percent loss=x/40\x/8 × 100
Percent loss=x/40×8/x × 100
20 percent loss ( ans)
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