Question

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

Answer 1

Refer to the attachment!

Answer 2

Answer:

$33 \frac{1}{3} \%$

Gain

Step-by-step explanation:

C.P. of 16 articles = S.P. of 12 articles (given)

Let SP of 1 article = Rs. x

then, SP of 12 articles = 12 x Rs.

C.P. of 16 articles = S.P. of 12 articles

CP of 16 articles = 12 x Rs.

SP of 16 articles = 16 x Rs.

SP > CP

Profit =SP−CP

=16x−12x

=4x

Profit%= Profit/C × 100

$= \frac{4x}{12x} \times 100$

$= 33 \frac{1}{3} \% \: \: gain$

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