If the cost price of 30 articles is equal to the selling price of 20 articles find the profit percent?
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If the cost price of 30 articles is equal to the selling price of 20 articles find the profit percent?
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Answer:
50% gain
Step-by-step explanation:
Let the CP of 1 article be Rs.1.
CP of 30 articles = Rs.30
=> SP of 20 articles = Rs.30
CP of 20 articles = Rs.20
Gain = SP - CP = Rs.(30-20) = Rs.10
Gain % = 10/20 × 100 = 50%