Question

A man sold 20 articles for Rs.2500 and gained 20%. How many articles did he buy for Rs.250?

Answer 1

Hello,

According to the question,
SP of 20 articles = Rs 2500
SP of 1 article = Rs 2500/20= Rs 125

Now,
CP of 1 article = SP×Profit%/100 => 125×20/100 =>Rs 25

Therefore, The man can buy 250/25 = 100 articles.

Hope it helps you :)

Answer 2

gain 20%
hence cost price of 20 article. =2500-[(2500*20)/100]

=2500-(500)
=2000
cost of 1 article is 2000/20 =₹100.
he baught 2 article &save ₹50.