If the selling price of 18 oranges is equal to the cost price of 16 oranges then what is the profit or loss ? Please write step by step solution.
Answers
Answered by
1
profit
as the selling price is more than buying price
as the selling price is more than buying price
FirstStudent1:
with steps
s.p=18×x
c.p=16×x
gain=(18-x)-(16-x)/16x×100
gain=(18x-16x/16x)×100
gain=12.5%
Answered by
2
s.p=18
c.p=16
s.p-c.p=profit
18-16=profit
2=profit
profit %=profit/c.p×100
=2/16×100
=12.5%
c.p=16
s.p-c.p=profit
18-16=profit
2=profit
profit %=profit/c.p×100
=2/16×100
=12.5%
But the sp of 18 oranges = cp of 16 oranges isn't it ?
supposed
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