Question

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

Answer 1

Answer:

There is profit and profit% = 15 %

Step-by-step explanation:

let SP of 1 article = ₹ X

SP of 20 articles = 20X

CP of 23 articles = SP of 20 articles

= 20X

CP of 1 article = 20X/23

SP > CP

SO there is profit

Profit% = ( SP - CP) ×100/CP

= ( X - 20X/23 ) × 100

20X / 23

= ( 23X - 20X ) ×100×23

23 × 20X

= 3X × 10

2X

= 30/2

PROFIT% = 15 %