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    Question

    'H' sells an article at a 20% profit. If he had bought

    it at 20% less and sold it for Rs. 40 more, he would have gained 75%. Determine the cost price of the article.
    A 100 Correct Answer Incorrect Answer
    B 200 Correct Answer Incorrect Answer
    C 150 Correct Answer Incorrect Answer
    D 165 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let the cost price of the article be Rs.‘h’. New cost price of the article = Rs.0.8h 0.8x × 1.75 – 1.2h = 40 1.4h – 1.2h = 40 h = 200 So, the cost price of the article = Rs.200

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