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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