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ICSE-VIII-Mathematics

08: Profit, Loss and Discount Class 8 Maths

with Solutions - page 4
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  • #5
    The selling price of 15 articles is equal to the cost price of 12 articles. Find the gain or loss as percent.
    Ans : 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 × 100 = 20%