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Question 144
The selling price of 20 articles is equal to the cost price of 22 articles. The gain percentage is
Solution
Let the cost price be $$X$$.
Hence, the cost price of 22 articles is $$22X$$
Hence, the selling price of 20 articles is $$22X$$
So, the selling price of one article is $$11X$$
So, the profit percentage is $$10$$%
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