Question

If the cost price of 10 apples be equal to the selling price of 12 apples, find the
gain or loss percent​

Answer 1

Answer:

Let the cost price of 10 apples be ₹ x

Then, selling price of 12 apples ( SP) = ₹ x (given)

Cost price of 12 apples (CP)= x * 12 / 10 = 1.2 x

% Loss =

(CP of 12 apples - SP of 12 apples) * 100 / CP of 12 apples.

So, % loss = (1.2 x - x ) * 100 / 1.2 x

= 0.2 x * 100 / 1.2 x = 20 / 1.2 = 16.67 %