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