The cost of 15 articles is equal to the selling price of 12 articles. Find the profit per cent.
Share
The cost of 15 articles is equal to the selling price of 12 articles. Find the profit per cent.
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Answer:
Here is your answer
And please Mark me as the Brainliest.
Step-by-step explanation:
Let the cost price of 1 article = x
Find the cost price of the 15 articles:
15 articles = 15x
Find the selling price of the 15 articles:
15 articles = 12x
Find the profit/loss:
Since the selling price is less than the cost price
⇒ It is a loss
Loss = 15x - 12x = 3x
Find the loss percentage:
Loss percentage = 3x/15x x 100 = 20%
Answer: He made a loss of 20%
Answer:
Let the cost price of 1 article = x
Find the cost price of the 15 articles:
15 articles = 15x
Find the selling price of the 15 articles:
15 articles = 12x
Find the profit/loss:
Since the selling price is less than the cost price
⇒ It is a loss
Loss = 15x - 12x = 3x
Find the loss percentage:
Loss percentage = 3x/15x x 100 = 20%
Answer: He made a loss of 20%
.............................................................................................
⭐\textbf {Cheers}Cheers ⭐