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Doctors Medicines MCQs Q&A

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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1 Answers

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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