Question
A trade man sold an article at a loss of 20 % . If the selling price had been increased by Rs.100, there would have been a gain of 5%. What was the cost price of the article?
Answer: Option C
- Let C.P.be Rs.x. Then, (150%of x) –(80% of x) = 100
or 25% of x = 100
x/4 = 100 or x = 400
So, C.P.=Rs.400
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- Let C.P.be Rs.x. Then, (150%of x) –(80% of x) = 100
or 25% of x = 100
x/4 = 100 or x = 400
So, C.P.=Rs.400
Was this answer helpful ?
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