The CP of 24 articles is the selling price of 15 articles find the gain percentage
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The gain is 60%
Explanation:
Let, the C.P. of 1 article be, 'n'.
∴ The C.P. of 15 articles = (n×15)
= 15n
∴ The C.P. of 24 articles = (n×24)
= 24n
According to the problem,
The S.P. of 15 articles is 24n.
∴ Gain =(S.P. - C.P.)
= (24n-15n)
= 9n
∴ Gain% = (9n/15n)×100
=(9n×100/15n)
=(3×100/5)
=(3×20)
= 60%
∴ The gain is 60%
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