The cost price of 25 articles is the same as the selling price of 35 articles. Find gain or loss %.
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Answered by
2
Answer:
Hello friend
your answer is
let c.p of 1 article. = x
c.p of 25 article =. 25x
and s.p of 35 article = 25x
then,s.p of 1 article = 25/35*x
= 5/7x
here s.p<c.p
loss% = {c.p-s.p/c.p}*100
= {x-5/7x}*100/x
=6.21%
then its is a loss
thank you
Answered by
7
Let the Cost Price of 1 article be ₹1.
Cost Price of 25 articles = ₹25
The Selling Price of 35 articles = Cost of 25 Articles = ₹25
Now, Finding The Cost Price of 35 articles:-
We have,
Assumed that Cost Price of 1 article = ₹1
Cost Price of 35 articles = ₹35
The Profit/loss made on 35 articles = Selling Price of 35 articles - Cost Price of 35 articles = ₹ 35 - ₹ 25 = ₹10.
Hence, It is Loss.
Loss Percent =
= 28.57%
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