the selling price of 8 articles is same as the cost price of 10 articles. what is profit%
Answers
Answered by
1
The seller will gain no profit because the Selling n Cost price of the articles are same... So profit % is 0%
Answered by
2
Hey dear!!
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Let the selling price of one article be Re.1
Therefore, selling price of 8 articles = Rs.8
Selling price of 8 articles = Cost price of 10 articles
Therefore, cost price of 10 articles is Rs.8
And selling price of 10 articles is Rs.10
Gain = SP - CP
= 10 - 8
= Rs.2
Gain% = gain/CP × 100
= 2/8 × 100
= 25%
Therefore, the gain percent is 25%.
_______________________________________________
Hope helped!!
_______________________________________________
Let the selling price of one article be Re.1
Therefore, selling price of 8 articles = Rs.8
Selling price of 8 articles = Cost price of 10 articles
Therefore, cost price of 10 articles is Rs.8
And selling price of 10 articles is Rs.10
Gain = SP - CP
= 10 - 8
= Rs.2
Gain% = gain/CP × 100
= 2/8 × 100
= 25%
Therefore, the gain percent is 25%.
_______________________________________________
Hope helped!!
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