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A man buys a certain number of articles at 15 for Rs 112.50 and sells them at 12 Rs for 108. find 1) his gain or loss% 2) the number of articles sold to make a profit of Rs 75. |
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Answer» Answer: CP PER article = 112.50/15 = Rs7.50 per article SP per article = 108/12 = Rs 9 per article Gain = 9-7.5 = Rs 1.5/ article Gain% = (1.5/7.5)*100 = 20% Total PROFIT = Rs75 Profit per article = Rs 1.5 No of ARTICLES sold = 75/1.5 = 50 articles |
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