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The cost price of 35 articles is the same as the selling price of N articles. If the profit earned is 40%, the value of N is:
Question



The cost price of 35 articles is the same as the selling price of N articles. If the profit earned is 40%, the value of N is:

A.

15

B.

20

C.

25

D.

30

Correct option is C


35CP = N SP
CP/SP = N/35
Profit = 35-N
Profit percent = (35-N)/N × 100 = 40%
(35-N)/N = 40/100
5(35-N ) = 2N
175 -5N = 2N
N= 175/7 = 25

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