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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