Question

if the selling price of 20 articles is same as the cost price of 23 articles , find the profile or loss percent in the transaction .

Answer 1

Heya......!!!

=> Let the CP of an article be Rs x
=> CP of 23 articles = Rs 23x
=> CP of 20 articles = Rs 20x
=> SP of 20 articles = CP of 23 articles = Rs23x

Since ,, SP of 20 articles will be Greater than CP of 20 articles Hence ,, there is profit in the transaction
Profit of 20 articles = SP - CP = ( 23x - 20 x)
= Rs 3x

Profit Percentage (% ) = 3x/20x × 100 = 15 %

Required profit = 15 % .

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