the seiling prize 16 articles is equal to cost prize of 15 articles find the loss if prophit
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Explanation:
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Answer:
let the cost of 1article = x
Then, the cost price of 15articles = 15x
SP of 16articles = cost of 15articles = 15x
SP of 1article = 15x
16
Loss = CP - SP
= x - 15x = { x - 15x} = {x × 16 - 15x}
16 {1 - 16 } {1 × 16 16}
16x - 15x = x
16 = 16
Loss% = {Loss × 100}% = {x/16 × 100}% =
CP x
{x × 1 × 100}% = 6.25%
16 x
therefore loss = x/16 and loss% 6.25%
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