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:
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).
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20 - x | x 100 = 25 | ![]() |
x |
2000 - 100x = 25x
125x = 2000
x = 16.
Video Explanation: https://youtu.be/sidqvjUoZxY
Discussion:
353 comments Page 9 of 36.
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.
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?
Sadee said:
1 decade ago
C.P*20 = S.P*x.
x = C.P*20/S.P.
Gain% = gain/C.P = S.P-C.P/C.P = S.P/C.P-1.
25% = 1/4 = S.P/C.P-1.
C.P/S.P = 4/5.
x = 20*4/5 = 16.
x = C.P*20/S.P.
Gain% = gain/C.P = S.P-C.P/C.P = S.P/C.P-1.
25% = 1/4 = S.P/C.P-1.
C.P/S.P = 4/5.
x = 20*4/5 = 16.
Naveen said:
1 decade ago
C.P of 20 articles = S.P of x articles.
C.P*20 = S.P*x -->eqn 1.
We know that S.P = [(100+gain%)/100]*C.P.
Gain% is given as 25.
Substituting this in eqn 1 we get x = 16.
C.P*20 = S.P*x -->eqn 1.
We know that S.P = [(100+gain%)/100]*C.P.
Gain% is given as 25.
Substituting this in eqn 1 we get x = 16.
Subrar said:
1 decade ago
Lets cost price of each article be 4.
So cost price of 20 articles = 20*4=80.
So selling price of each article = 4+4*25%= 5.
So selling price of x articles = 5x.
So according to the question 5x = 80.
So x = 80/5= 16.
So cost price of 20 articles = 20*4=80.
So selling price of each article = 4+4*25%= 5.
So selling price of x articles = 5x.
So according to the question 5x = 80.
So x = 80/5= 16.
Kalyanam said:
1 decade ago
Simple it is.
S.P for x articles = C.P (of 20 articles).
Then S.P for 20 articles = ?
S.P = (20/x) *C.P---------- 1.
Profit%= (profit/C.P) *100.
(25/100)*C.P = profit, so profit=C.P/4----------- 2.
But actually formula.
S.P - C.P = profit.
From 1 & 2.
(20/x) *C.P - C.P = C.P/4.
20/x = 5/4.
X= (20/5) *4=16.
I think you understand this simple way of thinking.
Just logic:
In question : profit% has given so S.P>C.P.
So if S.P for xnos is equal to C.P for 20nos.
So S.P for 20nos should be more than S.P for x nos then we will get profit.
So simply S.P for 20 nos > S.P for x nos.
We know already S.P for x nos = C.P.
Then you can find S.P for 20 nos.
That's it.
S.P for x articles = C.P (of 20 articles).
Then S.P for 20 articles = ?
S.P = (20/x) *C.P---------- 1.
Profit%= (profit/C.P) *100.
(25/100)*C.P = profit, so profit=C.P/4----------- 2.
But actually formula.
S.P - C.P = profit.
From 1 & 2.
(20/x) *C.P - C.P = C.P/4.
20/x = 5/4.
X= (20/5) *4=16.
I think you understand this simple way of thinking.
Just logic:
In question : profit% has given so S.P>C.P.
So if S.P for xnos is equal to C.P for 20nos.
So S.P for 20nos should be more than S.P for x nos then we will get profit.
So simply S.P for 20 nos > S.P for x nos.
We know already S.P for x nos = C.P.
Then you can find S.P for 20 nos.
That's it.
Taniya said:
1 decade ago
I wanted to ask why do we take the C.P of x articles? in the Question it is stated that the C.P of 20 articles so we should find the C.P of 20 instead, no?
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