the CP of 12 oranges is equal to the SP of 15 oranges. Find loss%
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Answer:
let the sp of one orange = 100
then sp of 15 oranges = 1500
then 12 oranges cost 1500 rs ( since 12 CP= 15 sp)
then CP of one orange= 1500/12= 125
loss = 125-100. (cp-sp)
= 25
loss% = 25/100 * 100 =25%
or
CP of 12 orange = sp of 15 oranges
3 oranges loss
then loss % = 3/12 * 100 = 25%
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