The selling price of articles and the cost price of 20 products are equal. What is the value of if the profit is .

see full answer

Start JEE / NEET / Foundation preparation at rupees 99/day !!

21% of IItians & 23% of AIIMS delhi doctors are from Sri Chaitanya institute !!

An Intiative by Sri Chaitanya

answer is B.

(Unlock A.I Detailed Solution for FREE)

Ready to Test Your Skills?

Check your Performance Today with our Free Mock Test used by Toppers!

Take Free Test

Detailed Solution

Concept- We’ll start by assuming each item’s cost. The selling price of each item with a

profit will then be determined. This formula would include

. Therefore, using that equation, we can find

.
We'll suppose that each article's cost price is one unit. Therefore, the whole cost would be

. Now there should be a profit of

on each article. Therefore, if all

goods are sold for 20 units, we will determine the price of each article with a

profit. This is so because the selling price of

articles and the cost price of 20 products are the same.
Consequently, if

goods are sold for 20 units, the price per item will be

.
Now, the profit ought to be 25%. As a result, each article would cost

So, equating these two we would get,

By solving the LCM, we would have,

Taking away the common elements, we will receive,

Cross-multiplying we get,

Thus, option 2 is correct.

Watch 3-min video & get full concept clarity

JEE

NEET

Foundation JEE

Foundation NEET

CBSE