1.

If the selling price of 45 articles is equal to the cost price of 50 articles, the loss or gain percentage is:1. Gain: \(\frac{{50}}{3}\%\)2. Loss: \(\frac{{50}}{9}\%\)3. Loss: \(\frac{{100}}{9}\%\)4. Gain: \(\frac{{100}}{9}\%\)

Answer» Correct Answer - Option 4 : Gain: \(\frac{{100}}{9}\%\)

Given:

Selling price of 45 articles is equal to the cost price of 50 articles

Concept used:

Profit and loss

Calculation:

SP × 45 = CP × 50

\(\frac{{SP}}{{CP}} = \frac{{50}}{{45}}\)

\(\frac{{SP}}{{CP}} = \frac{{10}}{9}\)

Gain = SP - CP

Gain % = \(\frac{{10 - 9}}{9} \times 100\)

Gain% = \(\frac{{100}}{9}\% \)



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