If the selling price of 4 articles is equal to the
cost price of 5 articles, find the gain or loss percent ?
kindly include steps too
Answers
Answer:
25% profit
Step-by-step explanation:
Profit and gain are same things, but I prefer using 'profit'.
SP (selling price)
CP (cost price)
SP of 4 articles = CP of 5 articles
Profit = SP of 4 articles - CP of 5 articles
= SP of 4 articles - CP of 4 articles
= CP of 5 articles - CP of 4 articles (as SP of 4 articles = CP of 5 articles)
= CP of 1 article (x)
= 1 × x
= x
Profit% = × 100
Profit% = × 100 (we always take the new value of CP, which in our case is 4)
Profit% = 25
Answer:
selling price =cost of five article
let the S.P.of 1 article=1.then SP of 5 articles=5
so, SP of 4 article=CP of 5 articles=18
CP>SP ,so gain =sp-cp=5-4=1
gain %=gain ×100/cp%=1×100/5%
100/5=50%
so your answer is 50...
hope this will help u!!