Question

if selling price of 40 articles is equal to cost price of 50 articles find the loss or gain percent​

Answer 1

Answer:

gain percent=25%

Step-by-step explanation:

let the price of each article be x rupees

thus,price for 40 articles =40x rupees

cost price of 40 articles=40x rupees

but its sold for the price of 50 articles

therefore the selling price of 40 articles =50x rupees

profit=selling price-cost price

profit=50x-40x=10x

profit[gain]%=profit/cost price*100

gain%=10x/40x*100

gain%=1/4*100

gain%=1*25

gain%=25%

Answer 2

Answer:

let the sp of articles =x

cp of 50 article =40x

according to questions ,sp of 40 article = cp of 50 article

=50x = 40x

here, sp>cp ,so profit will occur

profit =sp-cp

50-40

=10x