The selling price of $12$ oranges is the same as the cost price of $15$ oranges. Find the profit or loss percent.

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Solution

$L e t t h e C P o f e a c h o r a n g e b e R s . x .$
$T h e n,$
$C P o f 12 o r a n g e s = R s .12$
$S P o f 12 o r a n g e s = C P o f 15 o r a n g e s = R s .15$
$n o w, g a i n = S P - C P = R s . (15 - 12) = R s .3$
$g a i n$
$= (3 / 12 * 100)$
$H e n c e, t h e g a i n = 25 p e r c e n t .$

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