if the cost prize of 15 pens is equal to the cost price of 20 pens ,find the gain or loss percent? plz tell step by step
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=> Let the cost price of a pen = C
=> So cost of 15 - pen = 15c
=> If the selling price of a pen = S then the selling price of 20 - pens = 20S
=> So 15C = 20 s
=> S = 15/20 = 3/4 c
=> Loss % = ( C.P - S.P ) / S.P × 100
=> Loss % = ( C - 3 / 4c ) / c × 100
=> Loss % = 25 %
I hope this will help you dear..
Always stay safe and stay healthy..
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