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:
354 comments Page 20 of 36.

Snist said:   9 years ago
It should be noted that only x items are to be considered among 20 items during problem-solving.

So, sp of x items = 20 (since given sp of x = cp og 20 ||consider each item is of rs. 1).

And, cp of x items = x (since he bought the x for rs. X. Likewise 20 items for rs. 20).

Profit for selling x items = sp of x - cp of x = 20 - x.

Profit% = (profit/cp) * 100.

= {(20-x)/x} * 100.

Susanta halder said:   9 years ago
Thank you sanjeet kumar.

Nat said:   9 years ago
Profit = 25%.
So let c.p = 4 & s.p = 5.
20 * 4 = x * 5 (unknown=x),
16 = x.

Prabhleen Singh said:   9 years ago
Why in this question it is preassumed that C. P of one article is Re.1 and why not Rs.2 or any other value because when we take it to be Rs. 2 it gives x = 32?

Vaishu said:   9 years ago
Why we assume C.P = 100?

Ranjith said:   9 years ago
How you assume Rs. 100? Please clarify.

Ayush said:   9 years ago
@Prabhleen.

Let assume cp of 1 item is a, and sp of one item is b. Then according to question first line.
20a = xb.

Also by profit statement.

sp = (100 + gain%) cp.

=> b=125%a.

A replacing value of b in the previous equation.

=> 20a = x(125%a).
=> x = (20 * 100) /125.
=> x = 16.

M.M Zaman said:   9 years ago
Let the value be X.

Now, 25% of X + X = 20.
i,e X = 16.

Anu said:   9 years ago
Where in this question is given the Dp of one article is re1?

Mallesh said:   9 years ago
@Umesh explanation is simple and easily understandable.


Post your comments here:

Your comments will be displayed after verification.