A man buys 10 articles for ₹ 8 and sells them at the rate of ₹ 1.25 per article. His gain percent is

  1. 50%
  2. 56.25%
  3. 20%
  4. 19.5%
Pushpendra Pal Dean Asked on 14th September 2015 in Maths.
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1 Answer(s)

Answer: (2) 56.25%

Explanation:-
The cost price of 10 article = Rs. 8
Then, The cost price of 1 article = 8/10 = 4/5

The selling price of an article = Rs. 1.25
Then, the selling price of 10 article = 10 x 1.25
= Rs. 12.50

Profit = 12.50 – 8.00
= Rs. 4.5
Profit % = 4.5 x 100/8.00
= 45 x 5/4
= 225/4
= 56.25%

Then, the percentage of profit is 56.25%.

Hence, the answer is (2) 56.25%.

Anurag Mishra Professor Answered on 15th September 2015.
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