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