Question

if the s.p of an 11 article is equal to the cp of an 1 2 article . find the profit or loss percent.

Answer 1

it will be loss

sp - 11 an articles
cp - 12 an articles

11- 12 = 1 so. it will loss and we have to find loss percentage.

loss= loss X 100/ cp
= 1 X 100/12
=100/12 (divisible by 4)
=25/3
= 8•33%
answer also would be 8• 33% or 8•334%

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