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:
356 comments Page 35 of 36.

Chinni said:   1 decade ago
profit=s.p-c.p
hence cost of 1 article=1
s.p of 1 article=20/x
profit=(20/x)-1

Ruby said:   1 decade ago
Sanjee how does the profit of one article will be (20/x) -1.

Anjali&sandhya said:   2 decades ago
Chetan nice answer anjali and sandhya.

Indu said:   2 decades ago
Very nice and simple explanation sanjeet. Thanks.

Vasanthi said:   2 decades ago
Sanjeet your explanation is very nice.

Chetan said:   2 decades ago
Hi guys,

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.

Aamir said:   2 decades ago
I cant undrstnd this question plz any help me to undrstnd this

Anbu said:   2 decades ago
Sanjeet your explanation is very good.

Sarath said:   2 decades ago
Can you explain me about the assumptions it makes me difficult to understand?

Sid said:   2 decades ago
Thanks sanjeet, nice explanation.


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