cost of 15 articles is equal to the sp of 12 articles find profit %
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Answered by
1
Answer:
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Answered by
0
Answer:
Step-by-step explanation:
Let the cost price (CP) of 15 articles be ₹100
CP of 1 article = ₹
100
15
Selling price (SP) of 12 articles = ₹100
SP fo 1 article = ₹
100
12
SP > CP
∴
Profit on 1 article = ₹
100
12
−
₹
100
15
= ₹
500
−
400
60
= ₹
100
60
∴
Profit percent =
P
r
o
f
i
t
C
P
×
100
=
100
60
100
15
×
100
=
100
60
×
15
10
×
100
= 25%
Hence, profit = 25%
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