Given:
Cost Price (C.P.) of 15 articles = Rs. 15.
Selling Price (S.P.) of each article = Rs. 1.23.
Formula Used:
Profit Percentage =
Solution:
Cost Price of each article =
Selling Price of 15 articles =
Profit = Total S.P. - Total C.P. = 18.45 - 15 = Rs. 3.45.
Profit Percentage =
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