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    Question

    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
    A 20 Correct Answer Incorrect Answer
    B 26 Correct Answer Incorrect Answer
    C 28 Correct Answer Incorrect Answer
    D 35 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect 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

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