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      Question

      The cost price of 20 articles is the same as the selling

      price of x articles. If the profit is 25%, find out the value of x.
      A 13 Correct Answer Incorrect Answer
      B 14 Correct Answer Incorrect Answer
      C 15 Correct Answer Incorrect Answer
      D 16 Correct Answer Incorrect Answer
      E 17 Correct Answer Incorrect Answer

      Solution

      Let the Cost Price of each article = Rs. x
      CP of x articles = Rs. x
      SP of x articles = Rs. 20
      Profit = Rs. (20 - x)
      Therefore,
      => [(20-x)/x] × 100 = 25
      => 2000 - 100x = 25x
      => 125x = 2000
      => x = 16

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