AkshdeepS wrote:
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
E. 27
I would like to use back Solving Method.
let x = 16.
selling price of 16 articles = cost price of 20 articles.
let cost price of each article be $ 1.
selling price of 16 articles = 20 $
Cost price of 16 articles = 16 $
sp - cp = profit.
20 - 16 = 4 , profit.
profit % :
4/16 * 100 = 25%. Matches with the given condition.
Thus B is the correct answer.