The cost price of 15 articles is equal to the selling price of 12 articles. Find the loss or profit perce
If the cost price of 5 pencils is as same as the selling price of 6 pencils, find the gain or loss percent
Answers
Answered by
0
Step-by-step explanation:
CP ×15 = SP ×12
CP : SP
4 : 5
GAIN % = 1×100/4 =25%
Answered by
1
Answer:
Let C.P. of 1 article =Rs.x
Then, C.P. of 12 articles =Rs.12x
Given, S.P of 15 articles = C.P. of 12 articles
So, S.P. of 15 articles= 12x
Since, S.P.<C.P., for 15 articles there is a Loss
So, Loss % = C.P.−S.P. / C.P. × 100
= 15x−12x / 15x × 100
= 3 / 15 × 100
= 20 %
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