If the cost price of 15 articles is equal to the selling price of 12 articles, find gain per cent. ?->(Show Answer!)

1. If the cost price of 15 articles is equal to the selling price of 12 articles, find gain per cent.

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By: anil on 05 May 2019 01.41 am

Let cost price of 1 article = Rs. 20 => Cost price of 15 articles = 15 * 20 = Rs. 300 Also, Selling price of 12 articles = Rs. 300 => Selling price of 1 article = $$frac{300}{12}$$ = Rs. 25 $$ herefore$$ Profit % = $$frac{25 - 20}{20} imes 100$$ = $$frac{1}{4} imes 100 = 25 \%$$

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