The selling price of 24 articles is equal to the
cost price of 30 articles. What is the loss or
gain percent?
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1
Answer:
25% Gain
Step-by-step explanation:
Let the cost price of one article be Rs .1
C.P. of 30 articles = Rs. 30
=> C.P. of 24 articles = Rs. 24
Cost price of 30 articles = Selling price of 24 articles = Rs. 30
Gain =
Selling price of 24 articles - cost price of 24 articles
Rs. 30 - 24 = Rs. 6
Gain %
= Gain/Cost price × 100
= 6/24 × 100
= 25%
Hope this helps!
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