The cost price of 12 candles is equal to the selling price of 15 candles. The loss percent is ____%. - Infinity Learn by Sri Chaitanya (2024)

FAQs

Is 12 candles equal to the selling price of 15 candles? ›

It is given that cost of 12 candles is equal to the selling price of 15 candles. It means the ratio of CP and SP is 5:4. Let the CP of candle be 5x ans SP of candle be 4x. Therefore the loss percentage is 20%.

Hence, profit = 25%

Therefore, loss in percent is 20%.

Loss percent = LossCP×100%=315×100%=20%

The candela is the unit of luminous intensity. 1 candela is equal to 1 lumen/steradian. When a beam with a strength of 1 lumen falls on a surface of 1 square meter, this gives an illuminance of 1 lux.

A 12 inch taper has a burn time of approximately ten hours. That number refers to continuous burn time. One 12 inch candle, for instance, could burn for an hour every night for ten days.

Expert-Verified Answer

According to the given information, the selling price of 12 articles is equal to the cost price of 10 articles. Thus, the required loss percent in the deal is 16.66%.

What is the Profit and Loss Percentage Formula? The formula to calculate the profit percentage is: Profit % = Profit/Cost Price × 100. The formula to calculate the loss percentage is: Loss % = Loss/Cost Price × 100.

Detailed Solution

Calculation: Let C.P and S.P be x and y respectively. ∴ The Profit% is 33.33%.

sp of 15 items = cost price of 20 items. profit = 20 - 15 = 5. required % = (5/15) *100 = 33.3.

What is the percent profit or loss if the cost price of 11 shirt is equal to the selling price of 10 shirt? ›

Ans. =The profit is of 10%.

If the cost price of 10 shirts is equal to the selling price of 8 shirts, then Profit is 25%.

(c) 20 %

Hence, the required percentage profit is 20%.

1SP=15CP/12 =5CP/4. Profit in 1 pen= 5CP/4 –1 CP =1CP/4. gain℅=gain*100/CP = 1CP/4 *100/CP =25℅.

To calculate your total cost, add your variable and fixed cost. Crunching these numbers helps you appropriately price your candles to make a profit. A traditional pricing formula is to charge two times your cost for wholesale orders and three to four times your cost for direct sales.

Calculate the total cost of materials for one candle. Add additional expenses such as labor, overhead, and marketing. Sum all costs to determine your break-even price per candle. Assess the market to set a competitive yet profitable selling price.

A dozen is equal to 12 units.

So, SP of ten candles will be: 10x. Now, CP of 12 candles = 10x. Hence, the profit was 20%.