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Question

If the selling price of 20 articles is the same as the cost price of 23 articles, then the profit percentage is

A
10%
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B
15%
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C
17%
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D
20%
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Solution

The correct option is D 15%
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=GainCostprice×100
=3002000×100=15
Gain will be 15%

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