If by selling 10 bananas, the cost price of 8 bananas realized, then the gain percent is
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The amount of bananas sold a re 10 bananas.
Let the cost price of each banana sold be x
(Note: Cost price is the total amount of money that it costs a manufacturer to produce a given product)
cost price of 10 bananas = 10 × x= 10x
cost price of 8 bananas = 8 × x = 8x (this the amount or profit realized or gained as well)
Percent gain is calculated as follows:
% gain = profit/cost price × 100
= 8x/10x × 100
= 8/10 × 100
= 0.8 × 100%
= 80%
Therefore the % gain on selling the 10 bananas = 80%
Let the cost price of each banana sold be x
(Note: Cost price is the total amount of money that it costs a manufacturer to produce a given product)
cost price of 10 bananas = 10 × x= 10x
cost price of 8 bananas = 8 × x = 8x (this the amount or profit realized or gained as well)
Percent gain is calculated as follows:
% gain = profit/cost price × 100
= 8x/10x × 100
= 8/10 × 100
= 0.8 × 100%
= 80%
Therefore the % gain on selling the 10 bananas = 80%
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Solution -
Let the cost price (CP) of one banana be Rs.1
Therefore, The (CP) of 8 bananas is Rs 8
Selling price (SP) of 10 banana = Cost Price of 8 bananas = Rs 8
SP of 1 banana = 8/10 =Rs 0.80
There is a loss...
Loss = CP - SP
= (1 - 0.80) = Rs 0.20
% loss = Loss/CP * 100
= (0.20/1) * 100
= 20 %
Let the cost price (CP) of one banana be Rs.1
Therefore, The (CP) of 8 bananas is Rs 8
Selling price (SP) of 10 banana = Cost Price of 8 bananas = Rs 8
SP of 1 banana = 8/10 =Rs 0.80
There is a loss...
Loss = CP - SP
= (1 - 0.80) = Rs 0.20
% loss = Loss/CP * 100
= (0.20/1) * 100
= 20 %
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