the selling price of 15 is equal to the cost price of 12 chocolate find the gain and loss percentage
Answers
Answered by
2
Step-by-step explanation:
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=
15x
15x−12x
×100=
15
3
×100=20 %
Similar questions