Articles are bought at 45 per dozen and sold at 85 per score. Find the gain and loss percentage
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Step-by-step explanation:
=CP of 12 articles =45
= CP of 1 article = 45÷12 Rs.
= Sp of 20 articles = 85
= Sp of 1 article = 85÷20
= profit = sp - cp
= 85÷20 - 45÷12 = 4.25 - 3.75
= 0.5
= profit % = 0.5÷3.75 × 100 = 13.34%
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