Question

A person bought an article and sold it at a loss of 10%. If he had bought it for 20% less and sold it for Rs.55 more he would have had a profit of 40%. The cost price of the article is___
1) 125 2) 150.5 3) 112.5 4) None; A person bought an article and sold it at a loss of 10%. If he had bought it for 20% less and sold it for Rs.55 more he would have had a profit of 40%. The cost price of the article is___; 1) 125 2) 150.5 3) 112.5 4) None

Answer 1

The answer is : 4)None
Hope that helps........

Answer 2

Answer:

Step-by-step explanation:

Let CP=100,SP=90%of 100=90[Loss=10%]

New CP=80% of 100=80[Less 20%],New SP=140% of 80=112[Profit=40%]

New SP-SP=(112-90)=22

100 22

?      55

?=(100*22)/55

?=2200/55=200/5=40

So CP of the article is 40

Ans:4)None