Question

if the cost price of 18 toys is equal to selling price of 15 toys. find the profit and loss percent.



please give me answer in detail ​

Answer 1

Answer:

Answer is 20

Step-by-step explanation:

Let the cp of 1 toy= 18x

then the CP of 18 toy = 18 x

according to the question

SP of 15 toys = CP of 18 toys =18x

profit = SP -CP of 15 toys

= 18x- 15x

=3x

profit percent =profit/ CP of 15 toys ×100

=3x/15x × 100

=1/5 × 100

=20