The cost price of 24 articles is the same as the selling
price of x articles. If the profit is 20%, then the value of x is
A20Correct AnswerIncorrect Answer
B26Correct AnswerIncorrect Answer
C28Correct AnswerIncorrect Answer
D35Correct AnswerIncorrect Answer
Enone of theseCorrect AnswerIncorrect Answer
Solution
Let the CP of each article be Rs. 1 and hence the CP of articles = Rs. Now, SP of x articles = cost price of 24 articles = Rs. 24 Then, 24-x/x*100 = 20 ⇒ 2400 – 100x = 20x ⇒ 120x = 2400 x = 20
