The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is
Question and options
The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is
- 15
- 16
- 18
- 25
Answer and explanation
Correct answer: B - 16
SP of x articles = CP of 20 articles. Profit 25% means SP = 1.25 CP per article, so 1.25x = 20 and x = 16.
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CUSAT CAT Five-Year LL.B.
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