Question

C.P of 10 pens is equal to S. P of 15 pens. Find the gain or loss percent during the transaction ​

Answer 1

Step-by-step explanation:

cp of 10pen = sp of 15pen

10cp=15sp

cp/sp=15/10

cp/sp=3/2

hence cp be 3 and sp be 2

cp>sp means loss

loss=cp-sp

loss= 3-2

loss= 1

cp=3

loss%= (loss/cp)×100

loss%= (1/3)×100

loss%= 100/3

loss%= 33⅓%

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