Question

Pencils were bought at 8 for $ 15 and sold at 12 for $ 18. Find the profit or loss

Answer 1

Answer:

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Step-by-step explanation:

$cost = \frac{15}{8}$

$cost \: of \: 1 \: pencil = \frac{15}{8}$

$cost \: of \: 12 \: pencils = \frac{15}{8} \times12$

$cost \: price = \frac{45}{2}$

$selling \: price = 18$

$loss = cp - sp$

$loss = \frac{45}{2} - 18$

$loss = \frac{9}{2}$

$loss \: percentage(\%) = \frac{loss}{cp} \times 100$

$loss \: percentage(\%) = \frac{ \frac{2}{9} }{ \frac{45}{2}} \times 100$

$loss \: percentage(\%) = 20\%$

$\bf \blue{\underline{Please \: mark \: it \: as \: brainlist \: answer}}$