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Arithmetic Ability
Profit and Loss

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90 / 102

A man bought an article and sold it at a gain of 5 %. If he had bought it at 5% less and sold it for Re 1 less, he would have made a profit of 10%. The C.P. of the article was

A. Rs 100

B. Rs 150

C. Rs 200

D. 250

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Correct choice: C

Explanation:

Let original Cost price is x Its Selling price = (105/100) * x = 21x/20 New Cost price = (95/100) * x = 19x/20 New Selling price = (110/100 )* (19x/20 )= 209x/200 [(21x/20) - (209x/200)] = 1 => x = 200

90 / 102

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Arithmetic Ability Profit and Loss

Arithmetic Ability
Profit and Loss