Aptitude - Profit and Loss - Discussion

Discussion Forum : Profit and Loss - General Questions (Q.No. 2)
2.
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:
15
16
18
25
Answer: Option
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 - x x 100 = 25
x

2000 - 100x = 25x

125x = 2000

x = 16.

Video Explanation: https://youtu.be/sidqvjUoZxY

Discussion:
353 comments Page 12 of 36.

Suku Driver said:   1 decade ago
1 step answer:

(1/(20-x)) *100 = 25%.

Simplify, and gets x=16.

Note: (1/(20-x)) is the fraction in terms of Articles.

Kailash said:   1 decade ago
Let 1 article price is p.

Then 20 article price will be 20p.

x article price will be = xp.

As per question ...selling price of x articles = sp = 20p.

Cost price of x articles = cp = xp.

=> Gain g = sp - cp= 20p-xp = (20-x)p.

%of gain = {((20-x)p) *100}/xp.

But given Gain = 25%.
=> {((20-x)p) *100}/xp =25.
=> {((20-x)p) *100} =25*xp.
=> {(20-x) *100} = 25*x.

=> {(20-x) *} = (25*x)/100 = x/4.
=> 20 = (x/4.)+x = (5/4)x.

=>x=16.

So here the value of x is 16.

Youth said:   1 decade ago
Hey @Kailash I know that you know the answer, but if we do that much lengthy it will take more time. Think about shortcut yaar please. Thank you for giving explanation.

Avi said:   1 decade ago
simplest method:

Here give 25% profit means 125/100 ok means 5/4 ratio so 20 article.

1st type 4/5*20=16.

2nd type 5/4 do multiply by 4 both because be need 20 article so get 16 sp.

Chandan kumar said:   1 decade ago
We can also use formula this type of question.

If the cost price of M article is equal to selling price N article
then.

%gain/loss = (M-N/N)*100.
If M>N it is gain% if M<N it loss%.

Solution:- 25 = (20-X/x)*100.
25x = 2000-100x.

125x = 2000.
x = 2000/125.

x = 16.

Shailusha said:   1 decade ago
I am not able to understand this problem, can anyone explain this.

Sruthi said:   1 decade ago
Please explain this problem with step by step procedure.

Riya said:   1 decade ago
Solution:

Suppose,
CP=4.
SP=5.

Given in the question that,
CP of 20 Articles=SP of x Article.

Now put the value,
20*4 = x*5.
80 = x*5.
80/5 = x.
16 = x.

Aqeel said:   1 decade ago
No I don't understand the logic for the solution.

Nilesh said:   1 decade ago
How 20-x, can you explain that?


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