The selling price of 8 articles is the same as the cost price of 5 articles. The gain or loss percent is: |
37.5% 40% 38% 34.5% |
37.5% |
ATQ, ⇒ S.P. of 8 = C.P. of 5 ⇒ C.P. : S.P. = 8 : 5 ⇒ Loss = 8 - 5 = 3 ⇒ Loss percentage = \(\frac{3}{8}\) × 100 = 37.5% |