Question

An article when sold for rs 1770 fetches 18% profit if 18 such articles are sold for rs 1600 each then profit or loss is

Answer 1

Answer:

For 18 articles profit will be Rs 1800

Step-by-step explanation:

If SP = Rs 118,  then CP = Rs 100

If SP = Rs 1770,  then CP = (100x1770)/118 = Rs 1500

Now, SP of 1 article = Rs 1600, Profit = Rs 100

     SP of 18 articles = Rs (1600x18), Profit = Rs (100x18) = Rs 1800