The cost price of 15 articles is equal to the selling price of 12 articles.
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Answer:
Let C.P. of 1 article =Rsx
Then, C.P. of 12 articles =Rs12x
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./
C.P.−S.P.×100= 15x/15x−12x × 100
= 15/3 × 100 =20 %
Explanation:
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