Find the amount which when increased by 15% becomes 19320.
The cost price of 12 articles is equal to the selling price of 15 articles. Find the loss
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Answer:
S.P. of 15 articles = C.P. of 12 articles
Let C.P. of 1 article = Re.1
C.P. of 12 article = Rs.12
and C.P. of 15 articles = Rs.15
S.P. of 15 articles = Rs.12
[S.P. of 15 articles = C.P. of 12 articles]
Loss = Rs.15 – Rs.12 = Rs.3
Loss% = \frac { 3 }{ 15 } x 100 = 20%
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