The cost price of 10 articles is equal to the selling price of 8 find the profit or loss percent
Correct Answer:
Description for Correct answer: 8SP = 10CP \( \Large \frac{SP}{CP}=\frac{10}{8} \) Profit percentage \( \Large =\frac{2}{8} \times 100 \) = 25% Part of solved Profit and Loss questions and answers : >> Aptitude >> Profit and Loss Answer Verified Hint: We will assume the selling price of 9 articles as x so we will also get the cost price of 10 articles as x, and then we will find the selling price of 1 article and also the cost price of 1 article. We will then find the profit as profit = SP - CP. Using these values we will find the profit percentage, which is given by $gain\%=\dfrac{gain}{C.P}\times 100$ . Complete step by step answer: Hence we get the profit percentage = 11.11% Note: Another method of doing this question is that we could simply take the cost price of 1 article to be Re. 1. Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses No worries! We‘ve got your back. Try BYJU‘S free classes today! No worries! We‘ve got your back. Try BYJU‘S free classes today! No worries! We‘ve got your back. Try BYJU‘S free classes today! Solution The correct option is A 11.11% Profit % =ProfitC.P×100 =y109y10× 100 =19×100
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