Question

Sp of 15 apples equsls the cp of 12 apples . Find the profit or loss percentage?

Answer 1

Let cost price of 12 apples = selling price of 15 apples.

 here it is a profit.

 So Gain = S.P - C.P

             = 15 - 12

            = 3

Now Gain% = Gain / C.P x 100

                  = 3 / 12 x 100

              = 100 / 4 =  25%