A man sells an article at 10% profit. Had he bought it at 20% less and sold it for Rs. 10 less, he would have gained 25%. Find the cost price. MCQ with Answer and Explanation

A man sells an article at 10% profit. Had he bought it at 20% less and sold it for Rs. 10 less, he would have gained 25%. Find the cost price.
A. Rs. 80
B. Rs. 100
C. Rs. 90
D. Rs. 110
Answer: Option B
Solution (By JKExamLibrary)
CP=x, SP=1.1x. New CP=0.8x, new SP=1.1x-10. 1.1x-10 = 1.25×0.8x = x → 0.1x=10 → x=100.

This question belongs to: Maths Percentage

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Correct Answer: Option C


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Question #2 Report Error
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