Question

If 10 articles are sold at the cost price of 8 articles what is the loss or profit percentage

Answer 1

Solution:

Let the C.P of 1 articles = ₹1

C.P of 8 articles = ₹8

S.P of 8 articles = C.P of 10 articles

[Given]

S.P of 8 articles = ₹10

s.p > cp

Gain= s.p - c.p

Gain= 10- 8= ₹ 2

Gain = ₹ 2

Gain% =( gain /c.p) ×100

Gain = (2/8) ×100

Gain=  (1× 100) / 4= 100/ 4= 25%

Gain= 25%