7. A certain number of articles are bought at 3 for 3 150 and all of them are sold at 4 for
180. Find the loss or gain as percent.
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Step-by-step explanation:
L.C.M. of 3 and 4 = 12
Let 12 articles are bought
∴ C.P. of 12 articles = Rs. (150 × 12)/3
= Rs.600
And S.P. of 12 articles = Rs. (180 × 12)/4
= Rs. 540
Loss = C.P. – S.P.
=Rs. 600 – Rs. 540
= Rs. 60
Loss % = (Loss × 100)/C.P.
= (60 × 100)/600
= 10%
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