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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