Question

a man bought an article and sold it at again 10% if he had bought it at 20% less and sold if for rs 10/- more he would have made a profit of 40% the cost price of the article is

Answer 1

it's answer 1. c.

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Answer 2

Answer:

Let ‘x’ be the cost price of the article.

Then selling price = x * 110/100 = 1.1x

If he had bought for 20% less, then cost price = 0.8x

With 40% profit, selling price will be = 0.8x * 140/100 = 1.12x

Hence we have, 1.12x - 1.10x = 10

0.02x = 10

x = 10/.02 = ₹500

Step-by-step explanation:

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