if the selling price of 12 articles is equal the buying price of 15 articles what is the profit percentage?
Answers
Answered by
0
Answer:
selling price = 12
buying price = 15
Step-by-step explanation:
when selling price is less than buying price it is a profit so let's add 12+15 = 18 18into 100
Answered by
1
Answer:
20% is the answer
Step-by-step explanation:
Let C.P. of 1 article =Rs x
Then, C.P. of 15 articles =Rs 15x
Given, S.P of 12 articles = C.P. of 15 articles
So, S.P. of 12 articles= 15x
Since, S.P.>C.P., for 12 articles there is a gain
So, Gain % = (S.P.−C.P/S.P.)×100 = (15x - 12x)/12x ×100 = 3/15 ×100 = 20%
∴ Gain Percentage = 20%
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