Using the applied knowledge of fractional equation to solve Xiao Wang bought 20 IC cards and sold them at the price of 15 yuan each. When there were only the last two cards left, Xiao Wang had to sell them at the purchase price in order to sell them out in time. In this way, the profit margin was 2.5% lower than that of selling them all at the price of 15 yuan

Using the applied knowledge of fractional equation to solve Xiao Wang bought 20 IC cards and sold them at the price of 15 yuan each. When there were only the last two cards left, Xiao Wang had to sell them at the purchase price in order to sell them out in time. In this way, the profit margin was 2.5% lower than that of selling them all at the price of 15 yuan

Set the price of each IC card X Yuan
20*15*2.5%=2*15-2X
X=11.25
A: the price of each IC card is 11.25 yuan