A) 55%
B) \[56\frac{1}{4}%\]
C) 40%
D) None of these
Correct Answer: B
Solution :
Cost price by 10 articles (CP) = Rs 8 Selling price of 10 articles \[(SP)=1.25\times 10\] = Rs 12.50 Profit = SP - CP =12.50-8 = Rs 4.50 \[\therefore \] Gain % \[=\frac{Gain\times 100}{CP}\] \[=\frac{4.50\times 100}{8}=56\frac{1}{4}%\]You need to login to perform this action.
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