Question

the cost price of 16 articles is equal to selling price of 12 them find the gain or loss percent​

Answer 1

Answer:

Let the cp of 1 article be ₹1

then cp of 12 =₹12

Now,given that

cp of 16 article=sp of 12 article

cp of 16=₹16

sp=16 and cp=₹12 {we had find above}

so,profit=16 - 12=₹4

profit%= 4÷12 ×100= 33 1/3%

33 whole 1by 3 %