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Maths Quiz : Profit, Loss and Discount
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The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x
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A
16
💡 Explanation:
Let the cost price of one article be 1. The total cost for 20 articles is 20. Selling price of x articles is 20, so selling price per article is 20/x. Profit is 25%, so (20/x - 1) / 1 = 0.25. Solving gives 20/x = 1.25, so x = 16.