ABC26GN2654 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: 2004 · Marks: · Difficulty:

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

(a)15

(b)16

(c)18

(d)25

Answer

Answer (as printed): B

Explanation

Let C.P. of each article be ₹ 1. C.P. of $x$ articles $=₹ x ;$ S.P. of $x$ articles $=₹ 20$. Profit $=₹(20-x)$. $$\begin{aligned} & \therefore \frac{20-x}{x} \times 100=25 \Rightarrow 2000-100 x=25 x \\ & \Rightarrow 125 x=2000 \Rightarrow x=16 . \end{aligned}$$

Explanation as extracted from the printed page; notation may be imperfect.

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