the cost price of an article is 4/5 times of its selling price . Find the loss or gain percent
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Let the SP be X.
So your CP is 4/5× X
So SP is obviously greater than CP. So it's a gain. The gain percent is:
_____________ANSWER_________₹₹
(SP-CP(GAIN) ÷ CP) ×100
(X- 4/5X ÷ 4/5X )×100
1/5X(Gain)÷4/5X×100
Which is 1/5 × 5/4(reciprocal) ×100
5 is taken common and is cancelled. So it's now, 1/4×100= 100/4=25% gain.
Therefore the gain on the selling of the article is 25%.
HOPE ITS HELPFUL! ^_^
So your CP is 4/5× X
So SP is obviously greater than CP. So it's a gain. The gain percent is:
_____________ANSWER_________₹₹
(SP-CP(GAIN) ÷ CP) ×100
(X- 4/5X ÷ 4/5X )×100
1/5X(Gain)÷4/5X×100
Which is 1/5 × 5/4(reciprocal) ×100
5 is taken common and is cancelled. So it's now, 1/4×100= 100/4=25% gain.
Therefore the gain on the selling of the article is 25%.
HOPE ITS HELPFUL! ^_^
mkmsneha05:
your welcome!
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