The cost price of 12 candles is equal to the selling price of 15. Find the loss percent.
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Let the CP of 12 candles = SP of 15 candles = Rs x. Loss = CP - SP = Rs { (x/12) - (x/15) } = Rs { (5x - 4x)/60 } = Rs x/60. Now, loss percent = (Loss/CP)*100%. Therefore, there is a loss of 20%
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Answered by
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Answer:
3%
Step-by-step explanation:
selling price minus cost price is 3%
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