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The cost price of 20 articles is Rs. 20 and is the same as the selling price x articles. If the profit is 25%, then the value of x is -


1. 15
2. 16
3. 10
4. 25

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Correct Answer - Option 2 : 16

Given

The cost price of 20 articles is Rs. 20 and is the same as the selling price x articles. If the profit is 25%

Concept used

Profit and loss

Calculation

Cost price of 20 articles is same as selling price of X articles.

20 × CP = x × SP

CP/SP = x/20

Profit = 25%

CP : SP = 4 : 5

5 unit = 20

4 unit = 16

x = 16

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