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The cost price of 20 articles is the same as the selling price of x article. If the profit is 25%, then the value of x is-1. 252. 183. 164. 15 |
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Answer» Correct Answer - Option 3 : 16 Given: CP of 20 articles = SP of x articles Profit = 25% Formula Used: %Profit = [(SP – CP)/CP] × 100 Calculation: Let the CP of each article be a And the SP of each article be b So, the CP of 20 articles = 20a Also, the SP of x articles = bx According to the question, 20a = bx ----(i) Now, the equation for profit percentage becomes: 25 = [(b – a)/a] × 100 ⇒ b = 1.25a ----(ii) On substituting the value of equation (ii) into equation (i), we get: 20a = 1.25a × x ⇒ x = 16 ∴ The required value of x is 16 |
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