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If the cost price of 850 articles is equ...

If the cost price of 850 articles is equal to the selling price of 595 articles then the gain or loss % is:

A

`51%`

B

`42.84%`

C

`35%`

D

`44.44%`

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The correct Answer is:
To solve the problem, we need to find the gain or loss percentage based on the given information about the cost price (CP) and selling price (SP) of articles. ### Step-by-Step Solution: 1. **Identify the given values:** - Cost Price (CP) of 850 articles = Selling Price (SP) of 595 articles. 2. **Let the Cost Price of one article be \( CP \) and Selling Price of one article be \( SP \).** - Therefore, the total cost price for 850 articles is \( 850 \times CP \). - The total selling price for 595 articles is \( 595 \times SP \). 3. **Set up the equation based on the information provided:** \[ 850 \times CP = 595 \times SP \] 4. **Express \( SP \) in terms of \( CP \):** \[ SP = \frac{850 \times CP}{595} \] 5. **Calculate the gain or loss:** - Gain or Loss = Selling Price - Cost Price - Here, we need to find the difference for 850 articles: \[ \text{Gain or Loss} = 595 \times SP - 850 \times CP \] 6. **Substituting the expression for \( SP \):** \[ \text{Gain or Loss} = 595 \times \left(\frac{850 \times CP}{595}\right) - 850 \times CP \] \[ = 850 \times CP - 850 \times CP = 0 \] 7. **Calculate the overall gain or loss:** - Since the cost price of 850 articles is equal to the selling price of 595 articles, we can conclude that there is a loss. - The loss can be calculated as: \[ \text{Loss} = CP - SP \] 8. **Calculate the loss percentage:** - Loss Percentage is given by: \[ \text{Loss Percentage} = \left(\frac{\text{Loss}}{CP}\right) \times 100 \] - Substitute the values: \[ \text{Loss Percentage} = \left(\frac{255}{850}\right) \times 100 \] \[ = 30\% \] 9. **Final result:** - The loss percentage is **30%**.
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