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?
- 06
- 16
- 26
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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
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