Question

The selling price of 16 spoons is equal to the cost price of 15 spoons. Find the loss per cent.​

Answer 1

Answer:

Complete step-by-step answer:

Now, the LCM of 15 and 16 is 240. So, the assumed cost price of 15 spoons or the selling price of 16 spoons is 240. Hence, the loss percent is 6.25% .

Answer 2

Step-by-step explanation:

cp of 1 spoon=16/15

sp of 1 spoon=15/16

loss=16/15-15/16

loss%=loss/cp*100