Multiple choice

A shopkeeper sells $20$ article for $Rs\ 6000$ and earns profit equal to the selling price of $5$ articles. Then find the cost price of each articles?

  1. $200$
  2. $225$
  3. $325$
  4. $400$
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Let CP of one article be x. Total CP = 20x. Total SP = 6000. Profit = SP - CP = 6000 - 20x. Given Profit = 5 * SP_per_article = 5 * (6000/20) = 5 * 300 = 1500. So 6000 - 20x = 1500, 20x = 4500, x = 225.

AI explanation

The total selling price for 20 articles is Rs. 6000, and the profit equals the selling price of 5 articles, which is 6000 divided by 20 multiplied by 5, equalling Rs. 1500. The total cost price is the total selling price minus the profit, so 6000 minus 1500 equals Rs. 4500. The cost price of each article is 4500 divided by 20, which is Rs. 225.

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