The cost of 21 articles is equal to the selling price of 18 articles. The gain per cent is .........
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Step-by-step explanation:
let CP of 1 article be x
SP of 18 articles = 21x
SP of 1 article = 21x/18 = 7x/6
Profit = SP-CP
= 7x/6-x
= (7x-6x)/6
= x/6
Profit% = (Profit × 100)÷CP = x/6×1/x × 100 = 100/6 = 50/3 = 16.6%
Profit is 50/3% or 16.6%
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