The reduction of Rs. 12 in the selling price of an article will changes 5% gain

Question

The reduction of Rs. 12 in the selling price of an article will changes 5% gain into $${\text{2}}\frac{1}{2}$$% lose. The cost price of the article is = ?

Options:

A . Rs. 140

B . Rs. 160

C . Rs. 80

D . Rs. 100

Answer: Option B

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