The cost price of 50 articles is the same as the selling price of 30 articles. Find gain/loss %.
Answer & explanation
Correct answer: option 1
CP × 50 = SP × 30
gain % = \(\frac{2}{3}\) × 100% = \(\frac{200}{3}\)
= 66\(\frac{2}{3}\)%
The cost price of 50 articles is the same as the selling price of 30 articles. Find gain/loss %.
Correct answer: option 1
CP × 50 = SP × 30
gain % = \(\frac{2}{3}\) × 100% = \(\frac{200}{3}\)
= 66\(\frac{2}{3}\)%