the cost of 10 articles is equal to the selling price of 8. find the profit or loss per cent
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CP of 10 article = SP of 10 article = 100
CP of 1 article = 100÷10=10
SP of 8 article = 100 ÷ 8= 12.5
SP > CP
Profit = 12.5-10=2.5
profit% = (2.5×100)÷10=25%
CP of 1 article = 100÷10=10
SP of 8 article = 100 ÷ 8= 12.5
SP > CP
Profit = 12.5-10=2.5
profit% = (2.5×100)÷10=25%
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