If the selling price of 20 articles is the same as the cost price of 23 articles, then the profit percentage is10%17%20%15% (2024)

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A

15%

B

17%

D

20%

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Solution

Verified by Toppr

The correct option is B 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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If the selling price of 20 articles is the same as the cost price of 23 articles, then the profit percentage is10%17%20%15% (2024)

FAQs

Is the cost price of 20 articles the same as the selling price of 15 articles? ›

Given: The cost price of 20 articles is equal to the selling price of 15 articles. The profit percent = ? ∴ The profit% is 33 %.

What is the percentage if the cost price of 20 articles is equal to the selling price of 16 articles? ›

Let the selling price of one articles be SP and the cost price of one articles be CP. ∴ Profit percentage is 25%.

Is selling price of 40 articles is equal to cost price of 50 articles the loss or gain percentage? ›

If the selling price of 50 articles is equal to the cost price of 40 articles, then the loss is 20 percent.

What is the formula for cost price equal to selling price? ›

There are many formulae for finding cost price, but it all depends on the type of question you get. For example, Cost price = Selling price − profit ( when selling price and profit is given ) Cost price = Selling price + loss ( when selling price and loss is given )

Is the selling price of 21 articles equal to the cost price of 18 articles? ›

C.P of each article be Rs 1 C.P of 21 articles = Rs. 18 S.P of 18 articles = Rs 21. Gain% = [3/18*100]% = 50/3%

When the cost price of 10 articles is equal to the selling price of 12? ›

Expert-Verified Answer

According to the given information, the selling price of 12 articles is equal to the cost price of 10 articles. Thus, the required loss percent in the deal is 16.66%.

What is the profit percentage of selling 20 articles a man gained the cost price of 5 articles? ›

So Profit %=33.33% By selling 20 articles, a person gains CP of 5 articles.

What percentage profit on cost price is equal to 20% profit on selling price? ›

∴ Profit% on the cost price is 25%.

What is the profit percentage of the cost price of 10 articles is equal to the selling price of 9 articles? ›

Profit%=11.11%. The cost price of 10 articles is equal to the selling price of 9 articles.

What is the cost price of the article if a loss of 20 is incurred by selling an article for rs 1600? ›

=>x=1600/80 × 100. => x= 20 × 100. =>x= 2000Rs. So,the cost price is 2000Rs.

What is the loss or gain per cent if the selling price of 20 articles is equal to the cost price of 23 articles 10? ›

Gain will be 15%

What is the loss percent of the cost price of 10 articles is equal to the selling price of 15 articles? ›

50% is the right answer, hope it helps you. So , 15 articles =150%. So Now, the loss in ratio is 1 :3. it means 1/3=33.33% is loss.

How to calculate -%? ›

To calculate a percentage, you typically divide the part (the smaller value) by the whole (the larger value), and then multiply the result by 100. This gives you the percentage value as a number between 0 and 100.

How to find selling price percentage? ›

Formula
  1. Cost price + profit = selling price of the product.
  2. Selling price = market price – discount over the product.
  3. Selling price = 100 + profit percent/100×cost price.
  4. Selling price =100 – loss percent/100× cost price.

What is the formula for percentage gain? ›

Take the selling price and subtract the initial purchase price. The result is the gain or loss. Take the gain or loss from the investment and divide it by the original amount or purchase price of the investment. Finally, multiply the result by 100 to arrive at the percentage change in the investment.

What is the cost price and selling price of an article? ›

Cost Price: The amount paid to purchase an article or the price at which an article is made is known as its cost price. The cost price is abbreviated as C.P. Selling Price: The price at which an article is sold is known as its selling price. The selling price is abbreviated as S.P.

When the cost price of 10 articles is equal to the selling price of 8 articles the profit percentage is? ›

or Profit percent =25100×100=25%

What is the gain if the selling price of 10 articles is equal to cost price of 11 articles? ›

The selling price of 10 articles is the same as the cost of 11 articles, gain percent. Ans 10 %

What is the profit percentage of 12 articles were sold at the cost price of 15 articles? ›

Hence, profit = 25%

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