Question

If the selling price of 20 articles is equal to the

cost price of 23 articles find the loss or gain

profit for each article.​

Answer 1

Answer:

let cp of 1 article be Rs 1

Then cp of 23 article = Rs 23

so of 1 article = x/ 20

cp of 1 article = x/ 23

= 3x/ 460

profit % = 3x/460*/x*100 = 15

answer is 15

Answer 2

According to me :-

Let CP of 1 Article be Rs.100

CP of 20 Articles will be Rs.2000

CP of 23 Articles will be Rs.2300

Given That :-

Selling price of 20 Articles will be same as cost price of 23 Articles

Solution :-

Profit on 20 Articles = 2300-2000 = Rs.300

[ Profit = Rs.300 ]

$Profit \: \% = \frac{Profit}{cost \: price} \times 100$

$= \frac{300}{2000} \times 100 = 15 \: \%$

[ Profit % = 15 % ]