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Ten articles bought at Rs 8, and sold at...

Ten articles bought at Rs 8, and sold at 8 for Rs10. Then the gain percent is

A

0.5625

B

0.55

C

0.5475

D

0.5725

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The correct Answer is:
To solve the problem of finding the gain percent when ten articles are bought at Rs 8 and sold at 8 for Rs 10, we can follow these steps: ### Step 1: Calculate the Cost Price (CP) The cost price for 10 articles is given as Rs 8. - **CP for 10 articles** = Rs 8 ### Step 2: Calculate the Selling Price (SP) The selling price for 8 articles is Rs 10. To find the selling price for 10 articles, we can set up a proportion: - **SP for 8 articles** = Rs 10 - **SP for 1 article** = Rs 10 / 8 = Rs 1.25 - **SP for 10 articles** = Rs 1.25 * 10 = Rs 12.5 ### Step 3: Calculate the Profit Profit can be calculated using the formula: - **Profit** = Selling Price - Cost Price - **Profit** = SP - CP = Rs 12.5 - Rs 8 = Rs 4.5 ### Step 4: Calculate the Gain Percent Gain percent can be calculated using the formula: - **Gain Percent** = (Profit / Cost Price) * 100 - **Gain Percent** = (4.5 / 8) * 100 ### Step 5: Simplify the Gain Percent Calculation - **Gain Percent** = (4.5 / 8) * 100 = 0.5625 * 100 = 56.25% ### Conclusion The gain percent is 56.25%.
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