Question 82

The cost price of 60 articles is same as the selling price of x articles. If there is a profit of 20%, then what is the value of x?

Solution

Let cost price of 1 article = Rs. $$10$$

=> Cost price of 60 articles = Rs. $$600$$

Profit % = 20%

=> Selling price of $$x$$ articles = $$x\times10\times\frac{120}{100}=Rs.$$ $$12x$$

According to ques,

=> $$12x=600$$

=> $$x=\frac{600}{12}=50$$

=> Ans - (C)

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