Question

if the selling price of 20 articles is equal to the cost price of 23 articles find the loss or gain percent for each article

Answer 1

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%

Answer 2

Step-by-step explanation:

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