Question

the cost of the cost price of a 16 articles is equal to the selling price of 12 of them find the gain or loss percent​

Answer 1

Answer:

Profit %= 33 1/3%

Step-by-step explanation:

Cost= x

So, cost price of 1 article=x/16

Sell price of one article=x/12

Therefore, profit= x/12-x/16= (4x-3x)/48= x/48

Therefore, profit %= (Profit/Cost Price)×100

= {(x/48)/(x/16)}×100= (x/48×16/x)/100 {x gets cancelled out and 48 is divisible by 16 by 3}

Therefore, Profit %= 100/3= 33 1/3%