the cost price of 25 articles is equal to the selling price of 20 of them. What is the gain or loss percent
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Answer:
Gain % = 25%
Step-by-step explanation:
Let the cost price of 25 articles be 100
Cost price of 1 article=100/25=4
The sale price of 20 articles=100
sale price of 1 article=100/20=5
Profit/gain on 1 article=5–4=1
The gain percentage=1/4*100=25%
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realsujaykumar
here is the formula for that,
let,
cost price, m =25 ;
selling price, n =20
then ,
% gain = { (m - n) / n } × 100
= {(25-20) / 20 } × 100
= {5/20} × 100
= 25 %
the same formula is valid for ℅ loss also the value comes is negative.
I hope u like this plz mark as brainli
Step-by-step explanation:
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