Question

The cost price of 12candles is equal to the selling price of 15 ️.Find the loss percent?

Answer 1

It is given, the cost price of 12 candles is equal to the selling of 15 candles. It means the ratio of CP and SP is 4:5.

Let the CP of candle is 5x

,, ,, SP of candle is 4x

CP of 12 candle = x

CP of 1 candle = x/12

SP of 15 candle = x

SP of 1 candle = x/15

Loss = CP-SP

= x/12-x/15

= (5x-4x)/60

= x/50

Loss%= (100x)/60(x/12)

= 20%

therefore, the Loss is 20%