A man buys a certain number of article at 15 for ₹ 112.50 and sells them at 12 for ₹ 108 find: his gain as percent; the number of article sold to make a profit of ₹ 75
Answers
Step-by-step explanation:
A man buys a certain number of article at 15 for ₹ 112.50
he buys each one = 112.50/15
= 7.03125
sells them at 12 for ₹ 108
he sells each one = 108/12
= 9
formula to profit = cost price - sell price
profit = 7.03125 - 9
=-2.03125
answer in negative So,he get not a profit he get loss
loss = S.P - C.P
loss= 9-7.03125
= 2.03125
the number of artical sold to make a profit of ₹ 75
15articals=112.50rupees
x articals=75rupees
We have to do cross multiplication here
112.50*x=15*75
112.50x=1125
x=1125/112.50
x=10