Question

If the cost price of 8 articles is equal to the selling price of 10 articles find the loss or the gain per cent

Answer 1

If selling price of 8 articles is equal to cost price of 10 articles, then percent loss or gain is  

MEDIUM

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ANSWER

Given,

SP of 8 articles = CP of 10 articles.

⇒SP>CP

Gain =SP-CP

=10−8=2

∴Gain=2

Gain%=  

CP

Gain

​  

×100

=  

8

2

​  

×100

∴Gain=25%