Question

The cost price of 12 articles is equal to selling price of 20 articles .Find the gain or loss percent​

Answer 1

Step-by-step explanation:

cp of 12 article=sp of 20 article

sp of article =20

cp of article =12

profit=20-12=8

profit%=8/12×100

66.6%

Answer 2

Step-by-step explanation:

CP of 1 article = x

CP of 12 articles = 12x

CP of 12 articles = SP of 20 articles

CP of 20 Articles = 20x

Its a loss as 20x is greater than 12x

Loss = CP - SP

= 20x - 12x = 8x

Loss%

$= \frac{8x}{20x} \times 100$

$= \frac{2}{5} \times 100$

$= 2 \times 20$

$= 40$

Loss = 40%