If the cost price of 30 articles is equal to the selling price of 36 articles, what is the % profit or loss made by the merchant?
Answers
Answered by
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Explanation:
Let the cost price of 30 articles be x.
The selling price of 36 articles will also be x.
Cost price of one article
Selling price of one article
There is obviously a loss.
Loss % = 16.66%
Answer: 16.66% Loss
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Answered by
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Answer:
% of loss 50/3%
Step-by-step explanation:
x/30--x/36=x/180 so % of loss = (3000x ÷180x)=50/3%
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