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The cost price of 20 articles is same as...

The cost price of 20 articles is same as the selling price of 16 articles. Find the gain percent.

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To solve the problem, we need to find the gain percentage based on the information given about the cost price and selling price of articles. Let's break it down step by step. ### Step 1: Understand the relationship between cost price and selling price. We know from the problem statement that the cost price (CP) of 20 articles is equal to the selling price (SP) of 16 articles. ### Step 2: Assign a value to the cost price of one article. For simplicity, let's assume the cost price of one article is 1 rupee. Therefore: - Cost Price of 20 articles = 20 articles × 1 rupee/article = 20 rupees. ### Step 3: Calculate the selling price of 16 articles. Since the cost price of 20 articles is equal to the selling price of 16 articles, we have: - Selling Price of 16 articles = Cost Price of 20 articles = 20 rupees. ### Step 4: Calculate the selling price of one article. To find the selling price of one article, we can divide the total selling price of 16 articles by the number of articles: - Selling Price of 1 article = Selling Price of 16 articles / 16 articles = 20 rupees / 16 articles = 1.25 rupees/article. ### Step 5: Calculate the gain per article. Now, we can find the gain per article by subtracting the cost price from the selling price: - Gain = Selling Price - Cost Price = 1.25 rupees - 1 rupee = 0.25 rupees. ### Step 6: Calculate the gain percentage. The gain percentage can be calculated using the formula: \[ \text{Gain Percentage} = \left( \frac{\text{Gain}}{\text{Cost Price}} \right) \times 100 \] Substituting the values we have: \[ \text{Gain Percentage} = \left( \frac{0.25}{1} \right) \times 100 = 25\% \] ### Final Answer: The gain percentage is 25%. ---
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ICSE-PROFIT, LOSS AND DISCOUNT -EXERCISE 8 (C)
  1. A stationer buys pens at 5 for Rs 28 and sells them at a profit of 25%...

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  2. A stationer buys pens at 5 for Rs 28 and sells them at a profit of 25%...

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  3. A fruit-seller sells 4 oranges for 3, gaining 50%. Find : C.P. of 4...

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  4. A fruit-seller sells 4 oranges for 3, gaining 50%. Find : C.P. of ...

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  5. A fruit-seller sells 4 oranges for 3, gaining 50%. Find : S.P. of o...

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  6. A fruit-seller sells 4 oranges for 3, gaining 50%. Find : profit ma...

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  7. A fruit-seller sells 4 oranges for 3, gaining 50%. Find : number of...

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  8. A man sells 12 articles for 80 gaining 33 (1)/(3) %. Find the number o...

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  9. The cost price of 20 articles is same as the selling price of 16 artic...

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  10. The selling price of 15 articles is equal to the cost price of 12 arti...

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  11. By selling 8 pens, Shyam loses equal to the cost price of 2 pens. Find...

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  12. A shopkeeper bought rice worth Rs 4,500. He sold one-third of it at 10...

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  13. A shopkeeper bought rice worth Rs 4,500. He sold one-third of it at 10...

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  14. Mohan bought a certain number of note-books forRs 600. He sold (1)/(4...

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  15. Raju sells a watch at 5% profit. Had he sold it forRs 24 more, he wou...

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  16. A man sold a bicycle at 5% profit. If the cost had been 30% less and t...

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  17. Renu sold an article at a loss of 8 percent. Had she bought it at 10% ...

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