If the sp of 8 articles is equal to the cp of 6 articles calculate the profit or loss per cent
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Step-by-step explanation:
According to the question,
8CP = 6SP
=> SP = 8 ÷ 6 CP
=> SP = 4/3 CP
Gain = SP - CP
Gain Percentage =
\frac{Gain}{CP} \times 100
CP
Gain
×100
= \frac{(SP - CP)}{CP} \times 100=
CP
(SP−CP)
×100
= \frac{( \frac{4}{3} CP - CP)}{CP} \times 100=
CP
(
3
4
CP−CP)
×100
= \frac{( \frac{4 - 3}{3} CP)}{CP} \times 100=
CP
(
3
4−3
CP)
×100
= {( \frac{1}{3} CP)} \times \frac{1}{CP} \times 100=(
3
1
CP)×
CP
1
×100
= \frac{100}{3} =
3
100
= 33.333=33.333
Hence, gain percentage is equals to 33.333%.
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