Question

A shopkeeper sells 20 article for Rs. 6000 and earns profit equal to the selling price of 5 articles. Find the cost price of each articles?

• A. $200$
• B. $225$
• C. $325$
• D. $400$

Answer 1

Answer: (B)

$225$

Given that,

A shopkeeper sells $20$ articles for $Rs.6000$.

He earns of profit equal to the selling price of $5$ articles.

To find out,

The cost price of each article.

Selling price of $20$ articles $=Rs.6000$

Hence, the selling price of one article $=\frac{6000}{20}$

$=Rs.300$

Hence, profit $=$ selling price of $5$ articles $=5\times 300$

$=Rs.1500$

We know that, $C.P.=S.P.-profit$

Hence, the cost price of $20$ articles $=Rs.6000-Rs.1500$

$=Rs.4500$

So, the cost price of one article $=\frac{4500}{20}$

$=Rs.225$

Hence, the cost price of each article is $Rs.225$.