the cost price of 12 fans is equal to the selling price of 16 fans find gain or loss percent
Answers
✬ Loss % = 25 % ✬
Step-by-step explanation:
Given:
- Cost price of 12 fans is equal to the selling price of 16 fans.
To Find:
- What is the gain or loss percent ?
Solution: Let the cost price of 1 fan be Rs x. Therefore,
➟ Cost price of 12 fans will be = 12 x
➟ C.P of 12 fans = Rs 12x
A/q
- It is given that C.P of 12 fans = S.P of 16 fans
So,
➱ S.P of 16 fans = C.P of 12 fans = Rs 12x
∴ S.P of 16 fans = Rs 12x and
∴ C.P of 16 fans = 16 x = Rs 16x
On comparing both C.P and S.P we got
- C.P > S.P ( Hence, there is loss )
As we know that ;-
★ Loss = Cost Price – Selling Price ★
Loss = Rs ( 16x – 12x )
Loss = Rs 4x
Now, for loss percent formula is:-
★ Loss % = ( Loss/C.P 100 ) ★
Loss % = ( 4x/16x 100 ) %
Loss % = ( 100/4 ) %
Loss % = 25 %
Hence, the loss percent is 25 %.
* Loss % = 25%
Step-by-step explanation:
Given:
. Cost price of 12 fans is equal to the
selling price of 16 fans.
To Find:
• What is the gain or loss percent?
*Solution: Let the cost price of 1 fan be
Rs x. Therefore,
- Cost price of 12 fans will be = 12 XX
+ C.P of 12 fans = Rs 12x
Alq
• It is given that C.P of 12 fans - S.P
of 16 fans
So,
- S.P of 16 fans = C.P of 12 fans = Rs
12x
:: S.P of 16 fans - Rs 12x and
::C.P of 16 fans = 16 x X = Rs 16x
On comparing both C.P and S.P we got
. C.P>S.P ( Hence, there is loss)
As we know that -
* Loss = Cost Price - Selling Price *
Loss = Rs (16x - 12x)
Loss = Rs 4x
Now, for loss percent formula is:-
* Loss % = ( Loss/C.P x 100) *
=> Loss % = ( 4x/16x 100) %
Loss % = ( 100/4) %
> Loss % = 25%
Hence, the loss percent is 25%.