Question

if the cp of 10 articles is equal to the SP of 12 articles find the gain or loss percent

Answer 1

HI HERE IS THE ANSWER

Answer 2

Answer:

Loss of 17%

Step-by-step explanation:

Lets take CP per unit is $1

So CP per 10 units is $10

Since Total CP of 10 articles = Total SP of 12 articles

So, SP for 12 articles = $10

SP per unit = 10/12 = 0.833

Profit / Loss  => SP - CP = 0.83 - 1.00

= - 0.17

There fore Loss % = 0.17*100/1 = 17%