if the cost price of 10 greeting cards is equal to the selling price of 8 greeting cards find its gain or loss
jay212:
25percent
Answers
Answered by
31
Let C.P of 10 greeting cards = 10x .
C. P of one greeting card = x.
Now, C. P of 8 greeting cards, 8x .
Also S. P of 8 Greeting cards = 10x .
Now, Gain = 2x .
Gain % = 2x/8x * 100 = 25%
C. P of one greeting card = x.
Now, C. P of 8 greeting cards, 8x .
Also S. P of 8 Greeting cards = 10x .
Now, Gain = 2x .
Gain % = 2x/8x * 100 = 25%
Answered by
8
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❤
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