Question

The selling price of 10 Article is equal to the cost price of 12 articles, find the gain or loss percent​

Answer 1

Answer:

According to the given information, the selling price of 12 articles is equal to the cost price of 10 articles. Thus, the required loss percent in the deal is 16.66%.

Step-by-step explanation:

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Answer 2

Let's solve the question with step by step explanation.

Let the price of article be x

Given in the question is, SP of 10 Article = 10x , And the CP of 12 Article = 12x.

The S.P of 10 Article = The C.P of 12 Article. ( So, 12x = 10x ).

Since, C.P is greater than S.P ( For example: If i sold 10 Apples which costs ₹20 that's equal to cost price in the shop that i bought 12 Apples which costs ₹20. ).

So, 2 more apples comes in more than C.P at in price ₹20. In here, i suffered in loss. As C.P > S.P

Loss = C.P – S.P = 12x – 10x = 2x.

Now finding out the loss % = ( Loss ÷ Cost price ) × 100.

》( 2x ÷ 12x ) × 100 % = ( 100 ÷ 6 )% = 16.66%.

》So, the required loss percent = 16.66 %.

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