Question

If the C.P. of 20 articles is equal to the S.P. of 15 articles, find the profit or loss percentage.
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Answer 1

Step-by-step explanation:

Given CP of 20 article = SP of 15 articles ∴ SP of 15 articles = CP of 20 articles ∴ SP of 1 article = 1/15 x CP of 20 articles SP = 1/15 x 20 CP = 20/15 CP = 4/3 CP ∴ SP = 4/3 CP ⇒ SP is greater than CP It is a profit

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