if the selling price of 20 articles is equal to the cost of 15 articles then what is the loss percent
Answers
Answered by
1
Let the c.p. of 1 article be Rs.1
Then,C.P.of 23 articles=Rs.23
S.P.of 20 articles=Rs.23
S.P. of 1 article=Rs.23/20
Let the number of articles be x.
Then total C.P.=1*x=Rs.x
And total S.P.=23/20*x=Rs.23x/20
Since S.P.>C.P. there is a profit
Profit=Rs.(23x/20-x)=Rs.3x/20
Profit percentage=(3x/20)/x*100%=15%
Answer:The gain percentage is 15%
#Har Har Mahadev
Answered by
7
Answer:
cost of 15 article be x
cost of 1 article=x/15
sp of 20 article=x
sp of 1 article=x/20
loss%=(x/15)-(x/20)
--------------------------×100%
x/15
loss%=25%
Similar questions