Question

If the cost price of 12pens is equal to the selling price of 16 pens find the loss percent

Answer 1

Answer: 25%

Step-by-step explanation:

CP of 12 pens = SP of 16 pens

Let CP of 12 pens be: 120

CP of 1 pen = 120/12 = ₹10

CP of 16 pens= 16 × 10 = ₹160

But, after loss,

SP of 16 pens = SP of 16 pens (120)

So,

Loss = 160-120 = ₹40

Loss Percent = Loss/CP × 100

= 40/160 × 100

= 25%

Hope this helps out.