The cost of 15 articles is equal to the selling price of 12 articles. Find the profit per cent. please answer fast
Answers
Answer:
The profit percentage on one article is 25 %.
Step-by-step explanation:
We have:
Cost of 15 articles is equal to the selling price of 12 articles.
Let the selling price of 12 articles be x
Cost price of 15 articles will also be x
Cost price of 1 article will be = x / 15
Selling price of one article = x / 12
Profit = x / 12 - x / 15
Profit = x / 60
Profit % = (x / 60) / (x / 15) × 100
Profit % = 25 %
Therefore, the profit percentage on one article is 25 %.
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Answer:
Profit percent = 25%
Step-by-step explanation:
Given = Cost of 15 articles is equal to the selling price of 12 articles.
To find = Profit percent
Let the selling price of 12 articles be denoted by x
And cost price of 15 articles will also be denoted by x
Then according to the question,
Cost price(CP) of 1 article will be = x / 15
And,
Selling price(SP) of one article = x / 12
Then profit = Selling price of article - cost price of article
Thus,
Profit = x / 12 - x / 15
Profit = x / 60
Then,
Profit % = (x / 60) / (x / 15) × 100
Profit % = 25 %
Answer = 25%
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