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If the cost price of 20 articles is equa...

If the cost price of 20 articles is equal to the selling price of 15 articles, find the profit per cent.

A

`33(1)/(2) %`

B

`33(1)/(3)%`

C

`33(1)/(5)%`

D

`33(1)/(7)%`

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The correct Answer is:
To solve the problem, we need to find the profit percentage when the cost price of 20 articles is equal to the selling price of 15 articles. Let's break this down step by step. ### Step 1: Define Variables Let the cost price (CP) of one article be \( x \). Then, the cost price of 20 articles is \( 20x \). Let the selling price (SP) of one article be \( y \). Then, the selling price of 15 articles is \( 15y \). ### Step 2: Set Up the Equation According to the problem, the cost price of 20 articles is equal to the selling price of 15 articles: \[ 20x = 15y \] ### Step 3: Express Selling Price in Terms of Cost Price From the equation \( 20x = 15y \), we can express the selling price \( y \) in terms of the cost price \( x \): \[ y = \frac{20x}{15} = \frac{4x}{3} \] ### Step 4: Calculate Profit Profit is calculated as: \[ \text{Profit} = \text{Selling Price} - \text{Cost Price} \] For one article, the profit can be expressed as: \[ \text{Profit} = y - x = \frac{4x}{3} - x \] To simplify this, convert \( x \) to a fraction with a common denominator: \[ \text{Profit} = \frac{4x}{3} - \frac{3x}{3} = \frac{4x - 3x}{3} = \frac{x}{3} \] ### Step 5: Calculate Profit Percentage Profit percentage is given by the formula: \[ \text{Profit Percentage} = \left( \frac{\text{Profit}}{\text{Cost Price}} \right) \times 100 \] Substituting the profit and cost price: \[ \text{Profit Percentage} = \left( \frac{\frac{x}{3}}{x} \right) \times 100 = \left( \frac{1}{3} \right) \times 100 = \frac{100}{3} \] ### Step 6: Convert to Decimal Now, converting \( \frac{100}{3} \) to a decimal gives: \[ \frac{100}{3} \approx 33.33\% \] ### Step 7: Final Answer Thus, the profit percentage is: \[ 33 \frac{1}{3}\% \text{ or } 33.33\% \]
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ARIHANT SSC-PROFIT AND LOSS-EXERCISE BASE LEVEL QUESTIONS
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  7. A dealer sells goods at 4% loss on cost price but he uses 28 g instead...

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  8. If the cost price of 20 articles is equal to the selling price of 15 a...

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  10. A dishonest dealer sells articles at 10% loss on cost price but uses t...

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  11. A man sold two watches,each for Rs 495 .If he gained 10% on one watch ...

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  12. If an article is sold at a gain of 6% instead of at a loss of 6%, then...

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  13. Some apples are bought at 5 for Rs 10 and sold at 6 for Rs 15. What is...

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  14. A man sold two houses for ? 96000 each. In the sale of the first house...

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  15. The profit earned after selling an article for ₹ 625 is same as the lo...

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  16. A shopkeeper purchased some books from a publication worth Rs 750.Beca...

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  17. A sold a watch to Bat 40% gain and B sold it to C at a loss of 20%.If ...

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  18. A man sold an article at a loss of 20%.If he sells the article for Rs ...

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  19. A person sold a watch at a profit of 10%.If he had sold it for Rs 2000...

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  20. A person sold an article for Rs 136 and got 15% loss. Had he sold it f...

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