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The cost price of an article ‘A’ is ₹ 160 and selling price of another article B is ₹ 240. If the selling price of A will be equal to the cost price of B, then, the profit after selling A is `20%` What is the profit on ‘B ’?

A

`16.66%`

B

`50%`

C

`25%`

D

none of these

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AI Generated Solution

The correct Answer is:
To solve the problem step by step, let's break it down: ### Step 1: Identify the Cost Price of Article A The cost price (CP) of article A is given as ₹160. ### Step 2: Calculate the Selling Price of Article A Since the profit after selling article A is 20%, we can calculate the selling price (SP) of article A using the formula: \[ \text{SP} = \text{CP} + \text{Profit} \] Where: \[ \text{Profit} = \frac{20}{100} \times \text{CP} \] Calculating the profit: \[ \text{Profit} = \frac{20}{100} \times 160 = 32 \] Now, calculate the selling price: \[ \text{SP of A} = 160 + 32 = 192 \] ### Step 3: Determine the Selling Price of Article A Equals Cost Price of Article B According to the problem, the selling price of article A is equal to the cost price of article B. Therefore: \[ \text{CP of B} = \text{SP of A} = 192 \] ### Step 4: Identify the Selling Price of Article B The selling price of article B is given as ₹240. ### Step 5: Calculate the Profit on Article B Now we can calculate the profit on article B using the formula: \[ \text{Profit} = \text{SP} - \text{CP} \] Substituting the values: \[ \text{Profit on B} = 240 - 192 = 48 \] ### Step 6: Calculate the Profit Percentage on Article B To find the profit percentage on article B, we use the formula: \[ \text{Profit Percentage} = \left( \frac{\text{Profit}}{\text{CP}} \right) \times 100 \] Substituting the values: \[ \text{Profit Percentage on B} = \left( \frac{48}{192} \right) \times 100 = 25\% \] ### Final Answer The profit on article B is ₹48, and the profit percentage is 25%. ---
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