bank exam questions about profit and loss.
The cost price of 20 articles is 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
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Your Answer
let the cost price for the articles be is equal to =Rs x;
Since cost price of twenty articles is equal to selling price of X articles therefore the equation will be
20*x = X*x + 1/4(X*x) eqn (1)
from eqn (1) we can find out the value of X which will be 16 in this case therefore X=16
b) is the correct option
X is the number of articles whose selling price will be equal to the cost price of twenty articles after getting the profit of twenty five percent.
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Sahil
- 08 Jul
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