the c.p of 16 articles is equal to the selling price of 12 of them. find the gain or loss percentage
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Hey,
Let the cp of 1 articles = 1rs
the cp of 12 articles = 12 rs
the SP of 1 articles = 1
the SP of 16 articles = 16rs
SP>CP
GAIN = 16 -12
= 4
GAIN% = 4 * 100 / 12
= 400/12
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Let the cp of 1 articles = 1rs
the cp of 12 articles = 12 rs
the SP of 1 articles = 1
the SP of 16 articles = 16rs
SP>CP
GAIN = 16 -12
= 4
GAIN% = 4 * 100 / 12
= 400/12
@@
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