Question

If The selling price of 20 articles is equal to the cost price of 23 srticles Find the loss or gain per ent of each articlle​

Answer 1

$\red{\textbf{Answer}}$ = 15%

Step-by-step explanation:

$\green{\textsf{let C.P of each article be Rs 'x'}}$

$\green{\textsf{C.P of 23 articles = Rs 23x}}$

$\green{\textsf{S.P of 20 articles = C.P of 23 articles }}$

$\green{\textsf{S.P of 1 article =}}$

$\LARGE\frac{23x}{20}$

$\green{\textbf{profit = s.p - c.p}}$

$\LARGE\frac{23x}{20} - x = \LARGE \frac{3x}{20}$

$\green{\textsf{profit}}$ =

$\LARGE \frac{ \frac{3x}{20} }{c.p} \small\times 100$

$= \LARGE \frac{ \frac{3x}{20} }{x} \small\times 100$

$= \LARGE \frac{3x}{20x} \small \times 100$

$= 15$%

$\green{\textsf{profit = 15}}$ %

$\red{\textbf{More information :-}}$ =

• Cost Price:

The price, at which an article is purchased, is called its cost price, abbreviated as C.P.

• Selling Price:

The price, at which an article is sold, is called its selling prices, abbreviated as S.P.

• Profit or Gain:

If S.P. is greater than C.P., the seller is said to have a profit or gain.

• Loss:

If S.P. is less than C.P., the seller is said to have incurred a loss.