if the selling price of 10 rulers is the same as the cost price of 15 rulers. then find the gain percentage
Answers
Answer:
The loss percent of given is 20%.
Solution :
The cost price of 20 books, let us denote it by Rs. M
So, the Selling Price of 25 books is denoted by Rs. M as well
Therefore, we can say that the cost price of one book is equal to and the Selling Price of a single book is
Hence, the profit or loss = S.P. – C.P.
The negative sign indicates loss.
So the loss percentage
Therefore, the loss percent in this transaction is 20%.
The gain percentage is 50%.
Step-by-step explanation:
Given:
If the selling price of 10 rulers is the same as the cost price of 15 rulers. then find the gain percentage
Solution:
Let the cost price of 1 ruler = 10 rupees
Cost price of 15 rulers = 15 10 = 150 rupees.
Given CP of 15 rulers = SP of 10 rulers
SP of 10 rulers = 150
SP of 1 ruler = 15 rupees.
Gain percentage = 100 = 50%
Result:
The gain percentage is 50%.
To know more:
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Find the loss or gain percentage, if the cp of 10 articles, all are of same kind,is equal to the sp of eight articles.