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A shopkeeper sold 25 articles in such a ...

A shopkeeper sold 25 articles in such a way that he gets a profit which is equal to the selling price of 5 articles. Find his profit percent?

A

`20% `

B

`30% `

C

`25% `

D

`18% `

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, let's denote the selling price (SP) of each article and calculate the profit percent based on the information provided. ### Step 1: Define the Selling Price Let the selling price of each article be \( SP = 1 \) (in rupees). ### Step 2: Calculate Total Selling Price The shopkeeper sold 25 articles. Therefore, the total selling price (TSP) can be calculated as: \[ TSP = 25 \times SP = 25 \times 1 = 25 \text{ rupees} \] ### Step 3: Determine the Profit According to the problem, the profit is equal to the selling price of 5 articles. Thus: \[ \text{Profit} = SP \times 5 = 1 \times 5 = 5 \text{ rupees} \] ### Step 4: Calculate Cost Price The cost price (CP) can be calculated using the formula: \[ CP = TSP - \text{Profit} \] Substituting the values we have: \[ CP = 25 - 5 = 20 \text{ rupees} \] ### Step 5: Calculate Profit Percent Profit percent can be calculated using the formula: \[ \text{Profit Percent} = \left( \frac{\text{Profit}}{CP} \right) \times 100 \] Substituting the values we have: \[ \text{Profit Percent} = \left( \frac{5}{20} \right) \times 100 = 25\% \] ### Final Answer The profit percent is \( 25\% \). ---
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