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  • Aptitude on Verbal and Numerical Ability Online Quiz
  • Price of 20 articles is the same as the selling price of ...
Multiple choice

Price of 20 articles is the same as the selling price of x articles. Profit is 25%, then x is:

  1. 15

  2. 16

  3. 17

  4. 18

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Profit = (Cost Price - Selling Price) / Selling Price. Here, 25% = (20 - x) / x. 0.25x = 20 - x, so 1.25x = 20, x = 16.

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