Question

if cp of 12 equal to sp of 10 items and Sp is 60 rupees. find the profit or loss percent

Answer 1

Solutions :-

Given :
C.P of 12 equal to S.P of 10 items.

S.P = Rs 60


Therefore,
C.P is also Rs 60


So,
Selling price of 12 items = Rs 60
Selling price of 1 item = Rs 60/12 = Rs 5

Cost Price of 10 items = Rs 60
Cost Price of 1 item = Rs 60/10 = Rs 6


Cost Price is greater than the Selling price. Therefore, Loss.

Loss = C.P - S.P
= Rs (6 - 5)
= Rs 1


Loss = (loss × 100)/C.P %
= (1 × 100)/6 %
= 100/6 %
= 16.66 % approx.


Hence,
Loss percent = 16.66 %

Answer 2

HEY MATE HERE IS YOUR ANSWER

Some of the abbreviations used in this question are :-

CP = cost price

SP = selling price

L = loss

P = profit



Solution :-

Given :-

CP of 12 equal to SP of 10

SP = ₹60

So,

CP is also ₹ 60

Therefore,

SP of 12 items = 60

SP of 1 item =60 / 12 = ₹5

CP of 10 items = 60

CP of 1 item = 60/10 = ₹6

CP is greater there loss is

L = (S. P - C. P)
L = ( 6 - 5)
➡️ L = ₹1

To find :- Loss %

L = (L × 100)/ CP%

➡️ (1 × 100) / 6%

➡️ 16.6 % (approx)

Therefore,

Loss percent = 16.6 % (approx)

Hope it will help you

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