1.

If the selling price of 20 articlesis equal to the cost price of 23article find the loss or gainfor each article.​

Answer»

Step-by-step explanation:

LET the cost PRICE of 1 article be Rs100

Cost price of 20 articles will be Rs2000

Cost of 23 articles will be2300

Given that selling price of 20 articles will be same as cost price of 23 articles

Profit on 20 articles will be=(2300-2000)=Rs300

Gain percant will be=

gain/cost price ×100

300/2000×100 = 15%

Gain will be 15%



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