Revisit The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then what is the value of X"?
Answers
Answer:
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Step-by-step explanation:
Given :-
The cost price of 20 articles is the same as the selling price of x articles. The profit is 25%
To find :-
What is the value of "X"?
Solution :-
Method-1:-
Let the cost price of 20 articles be Y
The cost price of 1 article = Y /20
Selling Price of X articles = Cost Price of 20 articles = Y
Selling Price of one article = Y/X
Profit on them = 25%
Profit = SP-CP
=> P = (Y/X)-(Y/20)
=> P = (20Y-XY)/(20X )
We know that
P% = (Profit /CP) ×100
=> 25 = [{(20Y-XY)/(20X)}/(Y/20)]×100
=> 25/100 = [(20Y-XY)/(20X)]×(20/Y)
=> 1/4 =[ (20-X)Y/(20X)]×(20/Y)
=> 1/4 = (20-X)/X
=> X = 4(20-X)
=> X = 80-4X
=> X+4X = 80
=> 5X = 80
=> X = 80/5
=> X = 16
Therefore, X = 16
Method -2:-
We know that
If CP of M articles is equal to N articles then P% =[ (M-N)/N ]×100
=> [(20-X)/X ]×100 = 25
=> (20-X)/X = 25/100
=> (20-X)/X = 1/4
=> 4(20-X) = X
=> 80-4X = X
=> X+4X = 80
=> 5X = 80
=> X = 80/5
=> X = 16
Answer:-
The value of X for the given problem is 16
Used formulae:-
→ Profit = SP-CP
→ P% = (Profit /CP) ×100
- CP = Cost Price
- SP = Selling Price
- P% = Profit Percentage
→If CP of M articles is equal to N articles then P% =[ (M-N)/N ]×100