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If the cost price of 10 articles is equa...

If the cost price of 10 articles is equal to the selling price of 8 articles, then gain percent is

A

0.1

B

0.08

C

0.5

D

0.25

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we need to determine the gain percent based on the relationship between the cost price (CP) and selling price (SP) of the articles. Here’s a step-by-step solution: ### Step 1: Define the Cost Price and Selling Price Let the cost price of one article be \( CP \). Then, the cost price of 10 articles is: \[ \text{Cost Price of 10 articles} = 10 \times CP = 10CP \] Let the selling price of one article be \( SP \). Then, the selling price of 8 articles is: \[ \text{Selling Price of 8 articles} = 8 \times SP = 8SP \] According to the problem, the cost price of 10 articles is equal to the selling price of 8 articles: \[ 10CP = 8SP \] ### Step 2: Express Selling Price in Terms of Cost Price From the equation \( 10CP = 8SP \), we can express \( SP \) in terms of \( CP \): \[ SP = \frac{10CP}{8} = \frac{5CP}{4} \] ### Step 3: Calculate the Profit Profit is calculated as the difference between the selling price and the cost price: \[ \text{Profit} = SP - CP \] Substituting the value of \( SP \): \[ \text{Profit} = \frac{5CP}{4} - CP \] To combine the terms, we can express \( CP \) as \( \frac{4CP}{4} \): \[ \text{Profit} = \frac{5CP}{4} - \frac{4CP}{4} = \frac{1CP}{4} = \frac{CP}{4} \] ### Step 4: Calculate the Gain Percent Gain percent is calculated using the formula: \[ \text{Gain Percent} = \left( \frac{\text{Profit}}{CP} \right) \times 100 \] Substituting the profit we calculated: \[ \text{Gain Percent} = \left( \frac{\frac{CP}{4}}{CP} \right) \times 100 \] This simplifies to: \[ \text{Gain Percent} = \left( \frac{1}{4} \right) \times 100 = 25\% \] ### Final Answer The gain percent is \( 25\% \). ---
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