The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:
📊 Let’s Solve for x! 🤔
Step 1: Let’s assume the cost price of 1 article is Rs. y.
Then, the cost price of 20 articles is Rs. 20y.
Step 2: The selling price of x articles is equal to the cost price of 20 articles.
So, the selling price of x articles is also Rs. 20y.
Step 3: The profit is 25%, which means the selling price is 125% of the cost price.
For x articles, the cost price is Rs. xy.
Step 4: Set up the equation using the information from steps 2 and 3.
Selling price of x articles = 20y
1.25(xy) = 20y
Step 5: Solve for x.
1.25x = 20
x = 20 / 1.25
x = 16
The final answer is: x = 16 📈