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7.Profit and Loss
medium
The cost price of $20$ articles is the same as selling price of $x$ articles. If the profit is $25 \%,$ then the value of $x$ is
A
$15$
B
$16$
C
$18$
D
$25$
Solution
$C.P.$ of $20$ articles $=$ $S.P.$ of $x$ articles
$\therefore \quad$ Profit $(25 \%)=$ $S.P.$ of $(20-x)$ articles
$25 \%$ profit $=$ $C.P.$ of $5$ articles $=$ $S.P.$ of $\frac{x}{4}$ articles
$\therefore \quad \frac{x}{4}=20-x$
or $\frac{5}{4} x=20$
or $x=\frac{20 \times 4}{5}=16$
Standard 13
Quantitative Aptitude