P% = 12 CP = 10 what is sp
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16.67%
Step-by-step explanation:
let the c.p.of 1 article be x
so,the c.p. of 10 articles be 10x
it is given that;C.P of 10 articles = S.p of 12 articles =10x
now,the S.p of 12 articles =10x
therefore,the S.p of 1 articles is 10x/2 = 5x/6
here C.P >S.P. hence, it is a loss
loss = C.P-S.P
= x -5x/6
= 6x-5x/6
= x/6
Now for loss %
Loss% = loss/C.P./times 100%
= (x/6/x)×100%
=1/6×100%
=16.67%
Hence,the answer is it a loss..Loss% = 16.67%
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