Question

costprice of 21 articles is equal to selling price of 16 articles .find loss or gain percent​

Answer 1

Let CP be rs.1

CP of 21 articles =SP of 16 articles =

rs.21

CP of 16 articles =rs.16

Now,SP is greater than CP

Gain=rs.(21-16)

=rs.5

Gain %=Gain/CP ×100

=5/16 ×100

=31.25%(approx.)