Question 70

The cost price of 30 articles is the same as the selling price of 24 articles. If the profit is x% then the value of x is:

Solution

Given,

Cost Price (CP) of 30 articles = Selling Price (SP) of 24 articles

Let CP of 1 article = Rs.1

So, CP of 24 article = Rs. 24

Profit (P) = SP of 24 article - CP of 24 articles

P = 30 - 24 = 6

Profit % = x% = $$\frac{6}{24}\times\ 100=25\%$$

Hence, Option C is correct.

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