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:
Answer & Explanation
Answer: A) 32
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% = =
Here = 25
-->P = 32.
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