The selling price of 16 items is equal to the purchase price of 12 items.Find the profit or loss%.
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Let the Cost Price of 1 item be 100
Let the Cost Price of 1 item be 100So, Total Cost Price = 100 *16 = 1600
Let the Cost Price of 1 item be 100So, Total Cost Price = 100 *16 = 1600Selling Price for 12 items is equal to cost of 16 items
Let the Cost Price of 1 item be 100So, Total Cost Price = 100 *16 = 1600Selling Price for 12 items is equal to cost of 16 itemsTherefore, Total Selling Price for 12 items = 1600
Let the Cost Price of 1 item be 100So, Total Cost Price = 100 *16 = 1600Selling Price for 12 items is equal to cost of 16 itemsTherefore, Total Selling Price for 12 items = 1600so, SP for 1 item = 1600/12 = 133.33
Let the Cost Price of 1 item be 100So, Total Cost Price = 100 *16 = 1600Selling Price for 12 items is equal to cost of 16 itemsTherefore, Total Selling Price for 12 items = 1600so, SP for 1 item = 1600/12 = 133.33Profit on 1 item = SP - Cost Price = 133.33–100 = 33.33
Let the Cost Price of 1 item be 100So, Total Cost Price = 100 *16 = 1600Selling Price for 12 items is equal to cost of 16 itemsTherefore, Total Selling Price for 12 items = 1600so, SP for 1 item = 1600/12 = 133.33Profit on 1 item = SP - Cost Price = 133.33–100 = 33.33Profit on 1 item = 33.33
Let the Cost Price of 1 item be 100So, Total Cost Price = 100 *16 = 1600Selling Price for 12 items is equal to cost of 16 itemsTherefore, Total Selling Price for 12 items = 1600so, SP for 1 item = 1600/12 = 133.33Profit on 1 item = SP - Cost Price = 133.33–100 = 33.33Profit on 1 item = 33.33Percentage Profit = Profit / Cost *100
Let the Cost Price of 1 item be 100So, Total Cost Price = 100 *16 = 1600Selling Price for 12 items is equal to cost of 16 itemsTherefore, Total Selling Price for 12 items = 1600so, SP for 1 item = 1600/12 = 133.33Profit on 1 item = SP - Cost Price = 133.33–100 = 33.33Profit on 1 item = 33.33Percentage Profit = Profit / Cost *100% Profit/ Gain = 33.33/100*10 = 33.33%
Let the Cost Price of 1 item be 100So, Total Cost Price = 100 *16 = 1600Selling Price for 12 items is equal to cost of 16 itemsTherefore, Total Selling Price for 12 items = 1600so, SP for 1 item = 1600/12 = 133.33Profit on 1 item = SP - Cost Price = 133.33–100 = 33.33Profit on 1 item = 33.33Percentage Profit = Profit / Cost *100% Profit/ Gain = 33.33/100*10 = 33.33%Final Answer = 33.33%
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