17
An article is sold at a profit of 20%. If it had been sold at a profit of 25%, it would have fetched Rs.35 more. The cost price of the article is
- ARs. 500
- BRs. 700
- CRs. 900
- DRs. 1100
Correct answer: B
Discussion 1
Log in or create a free account to reply and vote.
0
CCommunity
Rs. 700
The difference in percentage i.e. 25% - 20% =5% = Rs.35
i.e. 5% of the cost price = Rs.35; :. CP = 35 × 100/5 = Rs.700.
The difference in percentage i.e. 25% - 20% =5% = Rs.35
i.e. 5% of the cost price = Rs.35; :. CP = 35 × 100/5 = Rs.700.