If the selling price of 50 articles is equal to the cost price of 40 articles then the loss or gain%:
Answers (2)
Student Expert
11th Apr, 2020
Hello,
This question can be approached in this way:
Let cost price(C.P) of each article be 100 Rs.
Therefore, C.P of 40 articles=4,000 Rs
Now, as per question, Selling Price (S.P) of 50 articles=4,000 Rs
So, S.P of each article=4000/50= 80 Rs.
So, there is a loss of 20% per article.
Good luck
This question can be approached in this way:
Let cost price(C.P) of each article be 100 Rs.
Therefore, C.P of 40 articles=4,000 Rs
Now, as per question, Selling Price (S.P) of 50 articles=4,000 Rs
So, S.P of each article=4000/50= 80 Rs.
So, there is a loss of 20% per article.
Good luck
Comments (0)
Student Expert
11th Apr, 2020
Hi
Let cost price of one article = 10
Cost price OF 40 articles = 400
Cost price of 40 articles = selling price of 50 articles
Then,
400. = SP of 50 articles
8. = SP of 1 article
As CP is greater than SP, loss occurs
loss = CP- SP
= 10-8 = 2
loss%= loss/CP * 100
= 2/10 *100
= 20%
I hope that you find this helpful
Thankyou
Let cost price of one article = 10
Cost price OF 40 articles = 400
Cost price of 40 articles = selling price of 50 articles
Then,
400. = SP of 50 articles
8. = SP of 1 article
As CP is greater than SP, loss occurs
loss = CP- SP
= 10-8 = 2
loss%= loss/CP * 100
= 2/10 *100
= 20%
I hope that you find this helpful
Thankyou
Comments (0)
