the cost of 12 articles is equals to selling price of 18 articles. what is the profit or loss percentage
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Answer:
50%
Step-by-step explanation:
Let the S.P of 1 article = Rs. 1
Then, C.P of 12 articles = S.P of 18 articles = Rs.18
S.P of 12 articles = Rs.12
Loss = 18 - 12 = Rs.6
Therfore Loss % = (Loss/ C.P) × 100
= ( 6/12) ×100 = 50%
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