cost price of 20 article is equal to the selling price of 20 article find the loss gain %
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Answer:
= 15%
Step-by-step explanation:
Let the selling price of 20 articles = x.
Now, Selling price of 1 article = x/20
Selling price of 23 articles = 23x/20 .
Also, it is given that Cost price of 23 articles = x.
C. P < S.P .
Hence, there is a gain in the transaction .
Gain = 23x/20 - x = 3x/20 .
Gain % = 3x/20 /x *100 = 3/20 *100 = 15%
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