The cost price of 21 articles is equal to selling of 18 articles, then the gain or loss percent is
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In the above Question , the following information is given -
The cost price of 21 articles is equal to selling of 18 articles.
To find -
Find the required gain or loss persentage .
Solution -
Here , the statement given is -
The cost price of 21 articles is equal to selling of 18 articles.
' selling of 18 articles ' means that he lost the amount equal to the cost of selling 3 articles ( as there are 21 articles in total )
Thus , he encountered a loss
So ,
Loss = 3 Articles SP
CP = 21 articles SP
So , loss percentage -
=> [ 3 K / 21 k ] × 100%
=> { 100 / 7 } %
=> 14 { 2 / 7 }%
This is the required answer .
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