If the cost price of 10 greeting cards is equal to the selling price of 8 greeting cards ,find the gain or loss per cent
Answers
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%
OR
let cost price of 10 greeting card be x
cost price of 1 greeting card is x/10
selling price of 8 greeting card is x
selling price of 1 greeting card is x/8
take lcm
x/8 & x/10
5x/40 & 4x/40
Profit= 5x/40 - 4x/40
= x/40
profit% =(x/40)/(4x/40) *100;
= 25%
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❤