2.
The cost price of 20 articles is the
same as the selling price of x article
If the profit is 25%, then the value of
is:
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Step-by-step explanation:
Since we don’t know the cost of the article it is ok to assume a value initially.
Let the CP of each article =1 unit.
CP of 20 articles =20 units
SP of x articles=CP of 20 articles= 20 units
SP of 1 article = 20/x
using formula Profit%=((SP-CP)/CP)*100 for 1 article as profit% is a constant for each article.
25=(((20-x)/x)/1)*100 | 25x/100 = 20-x | x/4 = 20-x | 5x=80
solving we get x=16 units.
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16 UNITS
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