1.

The Selling Price Of 10 Articles Is The Same As The Cost Price Of 12 Articles, Find Gain Percent?

Answer»

LET the COST PRICE of each article be Rs k

We have, S.P of 10 articles = C.P of 12 articles = 12k

We know that C.P of 10 articles = 10 k

Gain on the purchase of articles = 12 k – 10k = 2k

Profit percentage = (profit/C.P) x 100 = (2k/10k) x 100 = 20%.

Let the cost price of each article be Rs k

We have, S.P of 10 articles = C.P of 12 articles = 12k

We know that C.P of 10 articles = 10 k

Gain on the purchase of articles = 12 k – 10k = 2k

Profit percentage = (profit/C.P) x 100 = (2k/10k) x 100 = 20%.



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