If the cost-price of 18 articles is equal to the selling price of 15 articles, then find the gain percentage? |
20% 25% 15% 30% |
20% |
The correct answer is Option (1) → 20% Step 1: Let the cost price (C.P.) of 1 article = ₹1
$\text{S.P. of 1 article} = \frac{18}{15} = 1.2$ Step 2: Gain per article $\text{Gain} = \text{S.P.} - \text{C.P.} = 1.2 - 1 = 0.2$ Step 3: Gain percentage $\text{Gain }\% = \frac{\text{Gain}}{\text{C.P.}} \times 100 = \frac{0.2}{1} \times 100 = 20\%$ |