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Question

The cost price of 15 bottle is equal to selling price of 12 bottles. Find the profit or loss.

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Solution

Let the cost price of each bottle be Rs.x
, C.P. of 12 bottles =12x
S.P. of 12 bottles = C.P. of 15 bottles =15x
Profit =S.P.C.P.=15x12x=3x
Profit%=ProfitC.P×100=3x12x×100=25%

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