Arithmetic Ability
Profit and Loss

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Q.

The cost price of 40 Magazines is the same as the selling price of 'P' articles. If the profit is 25%, then the value of 'P' is:

View Answer

Correct choice: A

Explanation:

Let C.P. of each Magazine be Rs. 1 C.P. of P articles = Rs. P. S.P. of P articles = Rs. 40. Profit = Rs. (40 - P) Now, Gain% = Profi/tC.P×100 = 40−P/P ×100 Here 40−PP×100= 25 -->P = 32.
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