The cost of 15 articles is equal to the selling price of 12 articles. Find the profit per cent.
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Let C.P. of 1 article =Rsx
Then, C.P. of 12 articles =Rs12x
Given, S.P of 15 articles = C.P. of 12 articles
So, S.P. of 15 articles= 12x
Since, S.P.<C.P., for 15 articles there is a Loss
So, Loss % = C.P.-S.P./C.P.×100
=15x-12x/15x ×100=3/15×100 =20%
.°.the profit percentage=20%
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