if the cost price of 10 articles is equal to the selling price of 8 articles,find the loss or gain percentage.
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hii dear !! here is your answer hope it helps you
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Let CP of one article be 16
Then CP of 10 articles = 160
CP of 10 articles = SP of 8 articles = 160
SP of one article = 160/8 = 20
Gain = SP - CP
= 20-16
= 4
Gain% = gain/CP × 100
= 4/16 × 100
= 100/4
= 25%
Hope it helps
Then CP of 10 articles = 160
CP of 10 articles = SP of 8 articles = 160
SP of one article = 160/8 = 20
Gain = SP - CP
= 20-16
= 4
Gain% = gain/CP × 100
= 4/16 × 100
= 100/4
= 25%
Hope it helps
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