Question

If the cost price of 10 greeting cards is equal to selling price of 8 greeting cards, find the gain
percent.

Answer 1

Answer:

25 %

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

So, Profit Case

Profit = S.P. - C.P. = 10 - 8 = Rs. 2

$\sf profit\% = \frac{PROFIT}{CP}×100$

$\sf profit\% = \frac{2}{8} \times 100$

$\sf profit\% = 25$

Hence the gain % is 25 %