If the cast price of 10 greeting cards is equal to selling price of 10 greeting cards, find gain or loss.
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Answered by
0
Answer:
0
Step-by-step explanation:
Cp=sp
Therefore there is no loss or gain
Hope it helps.
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Answered by
0
Step-by-step explanation:
Let the cost price of 1 greeting card be Re. 1
Cost price of 1-0 Greeting Cards = Rs.10
Since we are given that the cost price of 10 greeting cards is equal to the selling price of 8 greeting cards.
So, S.P. of 8 cards = rs.10
C.P. of 8 cards = Rs.8
Since S.P.> C.P.
So, Profit Case
Profit = S.P. - C.P. = 10 - 8 = Rs. 2
Profit % = \frac{PROFIT}{CP} \times 100
CP
PROFIT
×100
Profit % = \frac{2}{8} \times 100
8
2
×100
Profit % = 2525
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