If the selling price of 20 articles
is equal to the cost price of 23
article find the loss or gain
for each article.
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Step-by-step explanation:
Let the cost price of 1 article be Rs100
Cost price of 20 articles will be Rs2000
Cost of 23 articles will be2300
Given that selling price of 20 articles will be same as cost price of 23 articles
Profit on 20 articles will be=(2300-2000)=Rs300
Gain percant will be=
gain/cost price ×100
300/2000×100 = 15%
Gain will be 15%
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