sp of 12 articles is equal to the cp of 15 articles find gain percent
Answers
Answer:
Let the cost price of 1 article = x
Find the cost price of the 15 articles:
15 articles = 15x
Find the selling price of the
15 articles:
15 articles = 12x
Find the profit/loss:
Since the selling price is less than the cost price
⇒ It is a loss
Loss = 15x - 12x = 3x
Find the loss percentage:
Loss percentage = 3x/15x x 100 = 20%
Answer: He made a loss of 20%
Step-by-step explanation:
Answer:
- Gain % = 25%
Step-by-step explanation:
Given:
- Selling price of 12 articles = Cost price of 15 articles
To Find:
- Gain percent.
Let, the cost price of 1 article = x
It is given that,
⇒ S.P of 12 articles = C.P of 15 articles ........(1)
Now, the selling price of of 15 articles,
⇒ 12 articles = 15x
Now, the cost price of of 15 articles,
⇒ 15 articles = 12x
Since, selling price is more than cost price. So, it is case of gain.
⇒ Gain = 15x - 12x
⇒ Gain = 3x
Now, we will calculate gain %