Question

The selling price of 15 articles is equal to the cost price of 12 articles. Find the gain loss as percent?

Answer 1

Let C.P. of 1 article  =Rsx

Then, C.P. of 12 articles =Rs12x

Given, S.P of 15 articles = C.P. of 12 articles

So, S.P. of 15 articles= 12x

Since, S.P.<C.P., for 15 articles there is a Loss

So, Loss % =C.P.C.P.−S.P.×100=15x15x−12x×100=153×100=20 %

Answer 2

Step-by-step explanation:

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