Question

If the selling price of 20 articles is equal to the cost price of 23 articles, find the loss
each article.​

Answer 1

Answer:

Profit=15%

Step-by-step explanation:

Given,

If the selling price of 20 articles is equal to the cost price of 23 articles

SP of 20 articles=CP of 23 articles

SP/CP=23/20

SP is greater than CP

then there will be profit

Profit=((SP-CP)/CP)*100

Profit=3/20*100

Profit=15%