A businessman sells a commodity at 10% profit. If he had bought it at 10% less a

Question

A businessman sells a commodity at 10% profit. If he had bought it at 10% less and sold it for Rs. 2 less, then he would have gained $$16\frac{2}{3}$$% . The cost price of the commodity is = ?

Options:

A . Rs. 32

B . Rs. 36

C . Rs. 40

D . Rs. 48

Answer: Option C

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