5. The cost price of 16 articles is equal to selling price of 12 of them. Find the gain or
loss percent.
Answers
Given :
CP of 16 articles = SP of 12 articles
To find :
Gain % or Loss %
Solution :
Let SP of 12 articles = CP of 16 articles = x
SP of one article = x / 12
CP of one article = x / 16
x / 12 > x / 16
⇒ SP > CP
So, the trasaction is Gain
Gain = SP - CP
= x / 12 - x / 16
= ( 4x - 3x ) / 48
= x / 48
Gain % = ( Gain / CP ) * 100
= [ ( x / 48 ) / ( x / 16 ) ] * 100
= ( x / 48 ) * ( 16 / x ) * 100
= 16 / 48 * 100
= 100 / 3
= 33 1/3 %
Therefore the Gain % is 33 1/3 %.
Answer:
Question:-
The cost price of 16 articles is equal to selling price of 12 articles.Find the gain or loss percent.
Given:-
- CP of 16 articles = SP of 12 articles.
To find:-
- Gain% or loss% = ?
Solution:-
Let CP of 1 article be Rs.x & SP of 1 article = Rs.y
ATQ:-
⇒ 16x = 12y
⇒ x = 12y/16
⇒ x = 3y/4
⇒ x/y = 3/4
⇒ x : y = 3 : 4
•°• CP of 1 article = Rs.3
•°• SP of 1 article = Rs.4
SP > CP
•°• It must be gain.
As, Gain = SP - CP
⇒ Gain = Rs.4 - Rs.3
⇒ Gain = Rs.1
Now,we know,
➳ Gain% = (1 × 100)/3
➳ Gain% = 100/3