Question

The selling price of 16 article is equal to cost price of 15 article find the loss percent

Answer 1

sp of 16a = cp of 15a

therefore sp = 15a and cp = 16 a cp is greater then sp = loss loss= cp-sp = 16a-15a=1a loss%=loss/cp×100 1a/16a ×100 =6.25%