find the loss or gain percent if the CP of 8 articles is equal to SP of 10 articles
Answers
Answered by
33
Answer:
let the cp of 1 article be 100
cp of 8 article is 800
800 = sp of 10 article
sp of 1 artcle = 80
loss = 100 - 80
loss = 20
loss percent = 20 / 80 × 100
loss percent = 25 percent
Answered by
12
Answer:
Step-by-step explanation:
Always assume CP for this type of question:
Let price of 1 article=1 Rs
Cp of 8 articles =8*1 Rs=Sp of 10 articles
Now Cp of 10 articles = 10*1RS
loss=SP-Cp=8-10=-2
%Loss=(loss/Cp)*100=(-2/10)*100=-20
Similar questions