If the selling price of 8 articles is same as the cost price of 12 articles.
If the selling price of 8 articles is same as the cost price of 12 articles. Find the gain or loss percentage?
Answer/Solution
50% gain
Steps/Work
Explanation:
Let the C.P of each article be Re 1. Then,
S.P of 8 articles = C.P of 12 articles = Rs. 12/-
Now, C.P of 8 articles = Rs. 8/-, S.p of 8 articles = Rs 12/-
Gain = Rs ( 12 - 10 ) = Rs 4/-.
Gain% = ( 4/8 * 100 ) % = 50% Gain
Answer: Option C
Let the C.P of each article be Re 1. Then,
S.P of 8 articles = C.P of 12 articles = Rs. 12/-
Now, C.P of 8 articles = Rs. 8/-, S.p of 8 articles = Rs 12/-
Gain = Rs ( 12 - 10 ) = Rs 4/-.
Gain% = ( 4/8 * 100 ) % = 50% Gain
Answer: Option C