38. If the cost price of 20 articles is equal to the selling price of 25 articles, what is the % profit or loss made by the merchant? A. 10% gain C. 20% gain B. 10% loss D. 20% loss 39. Sterling Silver is 92.5% pure silver. How many grams of Sterling Silver must be mixed to 80% Silver alloy to obtain a 500g of a 88% Silver alloy? A. 260 SSOS SS 900l B. 280 C. 300 D. 320

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter29: Resource Markets
Section: Chapter Questions
Problem 13E
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38. If the cost price of 20 articles is equal to the selling price of 25
articles, what is the % profit or loss made by the merchant?
A. 10% gain
C. 20% gain
B. 10% loss
D. 20% loss
ive
39. Sterling Silver is 92.5% pure silver. How many grams of
Sterling Silver must be mixed to 80% Silver alloy to obtain a
500g of a 88% Silver alloy?
A. 260
B. 280
C. 300
D. 320
Ş
Transcribed Image Text:38. If the cost price of 20 articles is equal to the selling price of 25 articles, what is the % profit or loss made by the merchant? A. 10% gain C. 20% gain B. 10% loss D. 20% loss ive 39. Sterling Silver is 92.5% pure silver. How many grams of Sterling Silver must be mixed to 80% Silver alloy to obtain a 500g of a 88% Silver alloy? A. 260 B. 280 C. 300 D. 320 Ş
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