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:
355 comments Page 26 of 36.

Micmysty said:   1 decade ago
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:

1. Number of unsold articles = 20-x.

2. In proportion to number of sold articles (x) = 20-x/x.

Number of sold articles is equal to 1 article in 4 = 1/4.

20-x/x = 0.25.

0.25x = 20-x.

0.25x+x = 20.

1.25x = 20.

20/1.25 = 16.

Santosh Dalal said:   1 decade ago
Hello friends.

We can use given below method or not ?

125/100*x = 20.

=> x = 20*100/125.

=> x = 16.

Ashwin said:   1 decade ago
Let us consider cost price of 20 articles = 20CP.
And selling price of x articles = xSP.

As he said SP of x articles is same as CP of 20 articles we take,
20CP = xSP.
SP = (20CP)/x.

Profit(.25) = SP-CP/CP.

(20CP-xCP)/xCP = .25.
i.e (20-x)/x = .25.

Implies x = 16.

Abhimanyu said:   1 decade ago
20 article C.P = 100rs(say).

Note: When given profit percentage, he calculates it only after selling all goods.

So 20 articles S.P = 125 (SINCE PROFIT PERCENT =25%).
Now consider only S.P.

125 rs --->20 articles.
100 rs --->? articles.
100*20/125 = 16.

That is it simple.

Sasha said:   1 decade ago
Let CP for 20 articles be y then one article price = y/20.
SP for x articles is also y, then one article SP = x/y.

Now, since profit is 25%:

Profit on 1 article(out of 20)+CP of one article = SP of 1 article(out of x).
(y/20)*(125/100)=(y/x).
Therefore, x=16.

Pritam said:   1 decade ago
How 100/20=4? @Joy ghosh.

Joy ghosh said:   1 decade ago
Let cost price of total =100.

Now cost price of one = 100/20=4.
Now sell price of one = 4*125/100=5.

Now we know c.p of 20 = s.p of X .
Then 20*4 = 5*X.

Or x= 16 answer.

Chinmaya said:   1 decade ago
Let SP of 1 article = RS 1.
Then SP of X articles = RS X.

ACCORDING TO GIVEN,
CP of 20 articles = SP of X articles.
CP of 20 articles = RS X.
CP of 1 article = RS X/20.

SP = CP ( 1 + R/100 ).
1 = 125/100 * X/20.
X = 16. ans (this is the most simplest way).

Abhinav Sharma said:   1 decade ago
Now, This is simplest way I could relate:

No. of articles = 20.
Let CP of 1 article = Re. 1.
CP of 20 articles = Rs. 20 ..... (Eq. 1).

SP of 1 article = 1.25x1 = Rs. 1.25 (Since profit is 25%).
SP of X articles = 1.25X .... (Eq. 2).

Now, the statement says the CP of 20 articles = SP of "X" articles with a profit of 25% i.e. Eq. 1 = Eq. 2.

20 = 1.25X.
X= 20/1.25 = 16.

Hope it clears !.

Raju said:   1 decade ago
Can you explain me about the assumptions it makes me difficult to understand?


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