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?
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?
Explanation
Let C.P. of each article be Re. 1 C.P. of x articles = Rs. x
S.P. of x articles = Rs. 20
Profit = Rs. (20 - x)
∴20−xx×100=25⇒2000−100x=25x125x=2000⇒x=16