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 25 of 36.

Anonymous said:   7 years ago
Hi guys, let me try it in a simpler way.

Let C.P of an article be 'y'.
Hence C.P of 20 articles ==> 20y.

But given that 20y = S.P of x articles.
and C.P of x articles is y*x.

Now the profit percentage is:
((S.P of x articles - C.P of x articles)) / C.P of x articles) * 100.

(20y - xy)/(xy) * 100 = 25 (as given profit is 25%)

y cancels out, so we simplify to get x = 16.

Akki said:   7 years ago
Good explanation Thanks @Chetan.

Imran said:   7 years ago
As per my calculation, the solution is;

Let the cost of 20 articles is y Rs then the sp of x articles is y Rs.

cp of 1 article =y/20.
sp of 1 article = y/x.
so profit= (y/x)-(y/20).
so [{(y/x)-(y/20)}/y]*100=25,
by sovling the value oy x =3.8095.

Libia said:   7 years ago
Thanks for making an easy solution @Pinaki Chatterjee.

Chandra Mouli said:   7 years ago
Why we have to assume and take Rs 1 here?

Rohit said:   7 years ago
Why we have to assume and take Rs 1 here?

Can you explain in detail? please.

RAVI PRAKASH said:   7 years ago
We have a direct formula. that can help to get the answer.

The selling price = (c.p * 100)/ (profit%) + 100
= (20*100)/ (25 + 100).
= 20*100 /(125) = 20*4/5.
= 4*4.
= 16.

Rushikesh said:   7 years ago
We can solve these problem by using another method.

Given 20 C.P.=x S.P --> eq1.
but the profit is 25%.

Therefore, SP=(125/100)*CP.
put above value of SP in eqn 1.
20*CP=x*(125/100)CP.
By solving x=16.

Jyotiranjans Senapati said:   7 years ago
Profit=(20-x).

How it is Possible ?
Profit Means;
For Example One Item Bay 2 Rupees, This Item sell 4 Rupees.
Then Profit 2 Rupees.
Profit How To Calculated.
= Sp-Cp.

Nayana said:   7 years ago
(20-x/x* 100) explain this step clearly.


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