23. The cost price of 20 articles is the same as the selling price of x articles. If
the profit is 25%, then the value oft is:
(a) 15
(b) 16
(c) 18
(d) 25
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Answer:
let cost price of each article be $ 1. sp - cp = profit. 20 - 16 = 4 , profit. 4/16 * 100 = 25%.
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