Question

If the cost price of 10 greeting cards is equal to selling price of eight greeting cards then the gain or loss percent is

Answer 1

Answer:

let the c.p. of 1 card be rs x.

so, the c.p. of 8 cards=rs 8.

since, the s.p. of 8 cards= the c.p. of 10 cards= rs 10.

s.p.>c.p.

so, gain=10-8=rs2

so,gain%=2/8×100%=25%

Step-by-step explanation:

Answer 2

✬ Gain % = 25% ✬

Step-by-step explanation:

Given:

• Cost Price of 10 greeting cards = Selling Price of 8 greeting cards

To Find:

• What is the gain or loss percent?

Solution: Let the cost price of each card be Rs x.

∴ Cost price of 8 cards = Rs 8x and

• Selling Price of 10 cards = Rs 10x

A/q

• C.P of 8 cards = S.P of 10 cards = Rs 10x

Thus, C.P = Rs 8x and S.P = Rs 10x

Since, S.P > C.P so, there is a profit.

★ Profit = Selling Price – Cost Price ★

$\small\implies{\sf }$ Profit = ( 10x – 8x)

$\small\implies{\sf }$ Rs 2x

• To find the gain % we use the formula •

★ Gain % = (Gain/C.P) x 100% ★

$\small\implies{\sf }$ Gain % = (2x/8x) (100) %

$\small\implies{\sf }$ Gain % = 25%

Hence, The gain % will be 25%.