cost price of 12 articles is equals to selling price of 9 articles while discount on 10 article is equals to profit on 5 articles. find difference between profit% and discount%?
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Given : CP of 10 articles=SP of 12 articlesTo Calculate : Gain or loss%Solution : 10 CP=12 SP⇒SPCP=1012⇒SPCP=56................................1Since SPCP<1⇒SP<CP⇒LossSo, Loss=CP−SPand %Loss=(CP−SPCP)×100%Loss=(CPCP−SPCP)×100%Loss=(1−SPCP)×100%Loss=(1−56)×100%Loss=(6−56)×100%Loss=(16)×100%Loss=16.667%
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