Question

The cost prize of I5 articles
is equal to
the selling prize of 12
similar article. find
loss percentage
gain and​

Answer 1

Step-by-step explanation:

Given, the cost prize of I5 articles is equal to the selling prize of 12 similar article.

Let the cost prize of each article = Rs. 4

then, the cost prize of I5 articles = 15 x 4 = Rs. 60

Let the selling prize of each article = Rs. 5

then, the cost prize of I2 articles = 12 x 5 = Rs. 60

Gain = s.p - c.p = 5 - 4 = 1

Gain% = gain/c.p x 100

= 1/4 x 100 = 25%