Question

if selling price of 10 articles is equal to the cost price of 15 articles, then find loss and gain%

Answer 1

• let the cost price 15 pencil be x
• cost price of one be x/15
• seliing price of 10x/15i.e. 2x/3
• so acc to question loss % is equal to 33.3%

Answer 2

According to the Question:

Selling price of 10 articles = Cost price of 15 articles.

In other words,

» 15 × Cost Price = 10 × Selling Price

⇒ Cost price/Selling price = 2/3 > 1 ( Gain )

Since, Gain % = Gain/Cost price × 100

⇒ 1/2 × 100 = 50% ______[ANSWER]