Question

An article was sold at 8% loss. If it had been
sold for 150 more, there would have been
12% profit. Find the cost price of the article.​

Answer 1

Answer:

A) Rs.115

B) Rs. 120

C) Rs. 138

D) Rs. 215

Correct Answer:

C) Rs. 138

Description for Correct answer:

Let the CP of the article = Rs. 100

According to question,

Step-by-step explanation:

5 units = Rs. 5.75

1 units =5.755×100=5.755×100

100 units =5.755×100=115=5.755×100=115

∴∴ CP of the article = Rs. 115

to gain 20%

∴∴ SP of the article

=115+20100×115=115+20100×115

SP = Rs. 138 Ans.

Part of solved Profit and Loss questions and answers : >> Aptitude >> Profit and Loss

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