Question

If the cost price of 12 articles is equal to the selling price of 8 articles the gain or loss percent is

Answer 1

Answer:

Step-by-step explanation:

cp  of 12 article  = rs 12

cost of 8 article = rs 8

sp of 8 article  = rs 12

profit = 12-8

=4

p% = 4/8 *100

=50%

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Answer 2

Let the CP be re.1

CP of 12 articles =SP of 8 articles =rs.12

CP of 8 articles =rs.8

So,SP is greater than CP

and it's gain

Gain=SP-CP

=rs.(12-8)

=rs.4

Now,gain%=GAIN/CP ×100

=4/8×100

=50%

Hence,gain% is 50%.