Question

11.If the cost price of 15 articles is equal to the selling price of 12 articles. Find the profit or loss percent.

plz write full answer​

Answer 1

Answer:

Let the cost price of 1 article be rs 1 . Then,

cp of 12 articles = rs 12

sp of 12 articles = Cp of 15 articles = rs 15

cp = rs 12 , sp = rs 15

loss = rs ( 15 - 12) = rs 3

loss% = 3 /12 ×100 = 25%