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Q.

If the cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, the value of x is:


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a

15

b

16

c

18

d

25 

answer is B.

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Detailed Solution

Concept- We will use the formula: For the profit, selling pricecost price×100
And then we will equate this profit to profit percentage which is given in question, i.e. 25%
We know if the selling price is greater than the cost price, then it is profit, hence, profit=selling price-cost price
Assuming the cost price of each article as Rs 1
Therefore CP of n articles = Rs n
Given, selling price of x articles = Rs 20   Profit=selling pricecost price×100=25%
20-nn=25100
2000-100n=25n
125n=2000
n=16
The value of is 16.
Hence, the correct answer is option 2.
 
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