a man buys an certain number of article at 15 for 112.50rs and sells them at 12 for 108rs. find: his gain as percent ; and the number of article sold for make a profit of 75 rupees
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Step-by-step explanation:
CP per article = 112.50/15 = Rs7.50 per article
SP per article = 108/12 = Rs 9 per article
Gain = 9-7.5 = Rs 1.5/ article
Gain% = (1.5/7.5)*100 = 20%
Total profit = Rs75
Profit per article = Rs 1.5
No of articles sold = 75/1.5 = 50 articles
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