Question

the selling price of 16 spoon is equal to the cost price of 15 spoon. find the Lost or gain percent

Answer 1

Given

Selling price of 16 spoons=cost price of 15 spoons

Spx16=cpx15

$\frac{sp}{cp} = \frac{15}{16}$

So if Sp =15
And cp=16

Cp>sp=> loss

Loss=16-15=1

Loss%=loss/cp x 100

=1/16 x100

=100/16

=25/4%

=6.25%


This is ur ans hope it will help you in case of any doubt comment below