if the CP 15 pens is equal to the selling price of 20 pens ,find the lost precent
Answers
Answered by
0
Given that the cost price of 15 pens is equal to selling price of 20 pens:
⇒ 20 SP = 15 CP
⇒ 1 SP = 15/20 = 3/4 CP
Let y be the cost price of 1 pen.
Cost Price of 1 pen = y
Selling Price of 1 pen = 0.75y
Find the loss percentage:
Loss = y - 0.75y = 0.25y
Loss Percentage = (0.25y/y) x 100 = 25%
Answer: The lost is 25%
Similar questions