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If the cost price of 50 articles is equal to the selling price of 40 articles, then the gain or loss percent is? |
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Answer» 25% profit Given that, COST price of 50 ARTICLE is EQUAL to SELLING price of 40 articles. Let cost price of one article = Rs. 1 Selling price of 40 articles = Rs. 50 But Cost price of 40 articles = Rs. 40 Therefore, the trader made profit.\Percentage of profit = 10/40 * 100 = 25% |
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