If the CP of 8 articles is equal to SP of 10 articles. Find the gain% or loss%
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7
Answer:
20%
Step-by-step explanation:
Let the CP of each article be rs.1
CP of 10 article = Rs.10
SP of 10 article =CP of 8 pens = Rs.8
thus, CP= Rs.10 and SP =Rs.8
loss =CP-SP
=Rs.10-Rs.8
=Rs.2
loss%= loss/CP×100
=2/10×100=20
=20%
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