the selling price of 12 article is equal to the cost price of 16 article find the gain or loss per cent
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Solution :
L.C.M of 16 and 12 =48
C.P of 16 articles =Rs.48
∴C.P of 1 article =Rs.48÷16
=3
S.P of 12 articles =Rs. 48
S.P of 1 article =Rs.48÷12
=Rs.4
Gain on one article =Rs.4−Rs.3
=Rs=1
Gain %=TotalgainC.P×100
=13×100
=3313%
Answer : gain=3313%
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