Question

The cost price of 16 articles is equal to the selling price of 12 articles find its gain percent

Answer 1

Step-by-step explanation:

LCM of 16 and 12 is 48

CP of 16 article is 48

so, CP of 1 article = 48/16 = 3

SP of 12 article is 48

so, SP of one article = 48/12= 4

Now, CP is 3 and SP is 4

gain = SP - CP

4-3= 1

gain%= gain/CP* 100

1/3* 100

100/3

gain%= 33.33%

Hope it helps