if the cost price of 10 articles is equal to the selling price of 8 articles find the gain or loss percent
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if the cost price of 10 articles is equal to the selling price of 8 articles find the gain or loss percent
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Step-by-step explanation:
Given,
SP of 8 articles = CP of 10 articles.
⇒SP>CP
Gain =SP-CP
=10−8=2
∴Gain=2
Gain%=
CP
Gain
×100
=
8
2
×100
∴Gain=25%
Given,
SP of 8 articles = CP of 10 articles.
⇒SP>CP
Gain =SP-CP
=10−8=2
∴Gain=2
Gain%= CP/Gain×100
= 8/2 ×100
∴Gain=25%
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