Question

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

Answer 1

C.P of 40 articles = S.P of x articles

profit = 25%

$\therefore x+25$% of $x=40$

$x+\frac{25}{100}x=40$

$\Rightarrow x+\frac{1}{4}x=40\Rightarrow \frac{5x}{4}=40\Rightarrow 5x=160$

$\Rightarrow x=\frac{160}{5}=32$

$\therefore S.P=Rs32$