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The selling price of 15 articles is equal to the cost price of 12 articles. Find the gain or loss as percent. |
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Answer» S.P. of 15 articles = C.P. of 12 articles Let C.P. of 1 article = Re.1 C.P. of 12 article = Rs.12 and C.P. of 15 articles = Rs.15 S.P. of 15 articles = Rs.12 [S.P. of 15 articles = C.P. of 12 articles] Loss = Rs.15 – Rs.12 = Rs.3 Loss% = (3/15) x 100 = 20% |
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