Question

If SP of 8 pencils is equal to the CP of 9 pencils Then find gain % (or) loss %___

• A. $8\frac{1}{2}$% gain
• B. $12\frac{1}{2}$% gain
• C. $12\frac{1}{2}$% loss
• D. $8\frac{1}{2}$% loss

Answer 1

The correct option is C $12\frac{1}{2}$% loss

Gain % (or) loss % = $\frac{9-8}{8}\times 100$
= $\frac{1}{8}\times 100=12\frac{1}{2}$%
It is +ve There is gain of $12\frac{1}{2}$%