C.p.of 12 articles=s.p. of 10 articles find the profit or loss
Answers
Answer:
Hint: Let the C.P. of 1 article be x ⇒
C.P. of 10 articles is 10x. It is given that; C.P. of 10 articles = S.P. of 12 articles. Using that, find the S.P. in terms of x. Compare S.P. and C.P. and decide whether it is a gain or a loss.
Complete step-by-step answer:
Let the C.P. of 1 article be x.
So, the C.P. of 10 articles is 10x.
It is given that; C.P. of 10 articles = S.P. of 12 articles = 10x.
Now, the S.P. of 12 articles = 10x.
Therefore, the S.P. of 1 articles is 10x12=5x6
.
Here, C.P. >
S.P. Hence, it is a loss.
∴
Loss =
C.P. – S.P.
=x−5x6=6x−5x6=x6
Now, for loss %
Loss %
=(LossC.P.) \times 100%
=⎛⎝⎜x6x⎞⎠⎟×100%=16×100%=16.67%
Hence, the answer is It is a loss. Loss %
= 16.67%
.
Answer:
2 loss
Explanation:
c. p=12 article s. p=10 article loss = s. p- c. p