The cost price of 12 candles is equal to the selling price of 15 candl

1.	The cost price of 12 candles is equal to the selling price of 15 candles. Find the loss percent.
Answer» Let us consider the SP of 15 candles = ₹100 ∴ The CP of 12 candles = SP of 15 candles = ₹100 CP of 15 candles = (100/12) × 15 = ₹125 Since, SP is less than CP so it’s a loss. Loss = CP – SP = 125 – 100 = ₹25 Loss % = (loss × 100) / CP = (25 × 100) / 125 = 20% ∴ The Loss percent is 20%

The cost price of 12 candles is equal to the selling price of 15 candles. Find the loss percent.

Answer»

Let us consider the SP of 15 candles = ₹100

∴ The CP of 12 candles = SP of 15 candles = ₹100

CP of 15 candles = (100/12) × 15 = ₹125

Since, SP is less than CP so it’s a loss.

Loss = CP – SP = 125 – 100 = ₹25

Loss % = (loss × 100) / CP

= (25 × 100) / 125

= 20%

∴ The Loss percent is 20%