A man buys 10 articles for Rs. 8 and Sells them at the rate of Rs. 1.25 per article. His gain is:________?
Q1. A man buys 10 articles for Rs. 8 and Sells them at the rate of Rs. 1.25 per article. His gain is:________?
Answer: 56 ¼ %
Explanation: Cost of 10 articles = Rs. 8; selling price = 10 × 1.25 = Rs. 12.50; profit = 4.50/8 × 100 = 56.25%.