If the cost price of 5pencils is equal to the selling price of 8pencils ,find the gain or loss percent.
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Answer:
Step-by-step explanation:
Friends, we know we will need gain amount to get gain percent, right. So lets get gain first.
Let the cost price of 1 pen is Re 1
Cost of 8 pens = Rs 8
Selling price of 8 pens = 12
Gain = 12 - 8 = 4
\begin{aligned}
Gain\% = \left( \frac{Gain}{Cost} * 100 \right)\% \\
= \left( \frac{4}{8} * 100 \right)\% = 50\%
\end{aligned}
Answered by
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hey mate!!!!!!!!!!!!
let the cost of 5 pencil be x
cost of 1 pencil = x/5
selling price of 8 pencils be x
selling price of 1 pencil= x/8
cp sp
x/5 (crossmultiply) x/8
8x > 5x
as cp>sp
it is a loss
loss=cp-sp
=8x-5x
=3x
loss%=L/cp*100
=3x/8x*100
= 37.5%
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