Question
Easy
Cost price of 20 articles is equal to selling price of x articles. If the profit is 25%, then the value of x is:
1
15
2
16
3
18
4
25
Question Details
Time to Solve: 12
Exam: HTET
Level/Paper: Level 1
Chapter: Finance
Topic: Profit & Loss
Correct Answer
Option B
Explanation
To determine the value of \( x \) where the cost price of 20 articles is equal to the selling price of \( x \) articles with a profit of 25%, we need to follow these steps: 1. Understanding the Profit Percentage: - A profit of 25% means that the selling price (SP) is 125% of the cost price (CP). 2. Setting Up the Equation: - Let the cost price…Read More
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