a man sold 15 articles and got the selling price of 3 articles as profit. what is the profit percentage?
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let the so of one article be x then so of 15 article=15x
P=5x. (given)
P%= P/CP*100
=3X/15X*100
= 20%
Answered by
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Answer:
let the selling price of each article be x
therefore, selling price of 15 articles is 15x
Step-by-step explanation:
given, profit equal to selling price of 3 articles
profit = 3 SP = 3x
We know that
profit = selling price - cost price
3x = 15x - CP
CP = 15x - 3x
CP = 12x
profit% = profit x 100
cost price
= 3x x 100
12x
= 25%
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