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If the cost price of 20 articles is equa...

If the cost price of 20 articles is equal to the selling price of 18 articles, then find the profit per cent.

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To solve the problem step by step, we can follow these instructions: ### Step 1: Understand the relationship between Cost Price (CP) and Selling Price (SP) The problem states that the cost price of 20 articles is equal to the selling price of 18 articles. ### Step 2: Define the Cost Price of One Article Let's assume the cost price (CP) of one article is 1 rupee. ### Step 3: Calculate the Total Cost Price for 20 Articles If the cost price of one article is 1 rupee, then the cost price of 20 articles will be: \[ \text{CP of 20 articles} = 20 \times 1 = 20 \text{ rupees} \] ### Step 4: Set the Selling Price of 18 Articles According to the problem, the selling price (SP) of 18 articles is equal to the cost price of 20 articles. Therefore: \[ \text{SP of 18 articles} = 20 \text{ rupees} \] ### Step 5: Calculate the Selling Price of One Article To find the selling price of one article, we can divide the total selling price of 18 articles by 18: \[ \text{SP of 1 article} = \frac{20}{18} \text{ rupees} \] ### Step 6: Calculate the Profit Profit (P) is calculated as: \[ P = \text{SP} - \text{CP} \] For one article: \[ P = \frac{20}{18} - 1 \] To simplify: \[ P = \frac{20}{18} - \frac{18}{18} = \frac{2}{18} = \frac{1}{9} \text{ rupees} \] ### Step 7: Calculate the Profit Percentage The profit percentage can be calculated using the formula: \[ \text{Profit Percentage} = \left( \frac{P}{\text{CP}} \right) \times 100 \] Substituting the values: \[ \text{Profit Percentage} = \left( \frac{\frac{1}{9}}{1} \right) \times 100 = \frac{100}{9} \approx 11.11\% \] ### Final Answer The profit percentage is approximately **11.11%**.
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