the cost price of 15 articles is equal to the selling price of 12 similar articles find the gain or loss percentage
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Answer:
Loss percent = 20%
Explanation:
Let the Cost price =
So, if 15 article price = 12 (different) article
So, we can say that, (15 of ) = (12 of )
So, Loss% = Cost Price - Selling Price
× 100
Cost Price
⇒ 15 - 12
× 100
15
⇒ 3
× 100
15
⇒
× 100
5
⇒ × 20
⇒20%
So, as 20% of
= 20%
Answer is 20% loss
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