Question

The setting price of an item is `30 rupees
more than twice of the cost price. find the profit earned on

the item.

Answer 1

Answer:

Solution

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Correct option is

B

16

Let C.P. of each article be Rs. 1

C.P. of x articles = Rs. x

S.P. of x articles = Rs. 20

Profit = Rs. (20-x)

Therefore,

x

20−x

×100=25

2000−100x=25x

125x=2000

x=16