Mr. Thomas sold 20 articles for Rs.60 and thus, gained 25%. How many articles should he sell for Rs.90 so that he will incur a loss of 25%?

Question

Mr. Thomas sold 20 articles for Rs.60 and thus, gained 25%. How many articles should he sell for Rs.90 so that he will incur a loss of 25%?
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Solution 1

Step 1: First, we need to find the cost price of one article. We know that Mr. Thomas gained 25% profit by selling 20 articles for Rs.60. So, the cost price of 20 articles is 100% and the selling price is 125% (100% cost price + 25% profit).

Step 2: Therefore, the cost price of 20 articles is (100/ Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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