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By selling an article for Rs. 247.50 we get a profit of 121/2 %. The cost of the article is ?
- ARs. 570
- BRs. 168
- CRs. 370
- DRs. 220
Correct answer: D
Discussion 1
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CCommunity
Rs. 220
S.P. = Rs. 247.50
Gain = 25 / 2%
∴ C.P. = Rs. {100 / (100 + 25 / 2) x 247.50}
= Rs. (100 x 2 / 225 x 247.50)
= 220
S.P. = Rs. 247.50
Gain = 25 / 2%
∴ C.P. = Rs. {100 / (100 + 25 / 2) x 247.50}
= Rs. (100 x 2 / 225 x 247.50)
= 220