Question

If the cost price of 10 greeting cards equals the selling price of 8 greeting cards. Find the gain or loss percent.

Answer 1

Answer:

Lose 20 percentage

Answer 2

Given :-

Let the cost price of each card be x

Then, CP of 8 cards = 8x.

SP of 8 cards = CP of 10 cards = 10x.

Thus, CP = R 8x and SP = 10x.

→ Since ( SP ) > ( CP ), there is a gain.

→ Gain = ₹ ( 10x - 8x ) = 2x.

→ Gain% = ( Gain / CP × 100 ) %

= ( 2x / 8x × 100 )% = 25%

hope it works❤