SSC CPO SI and ASI 2013 Paper

Question : 108 of 200

Marks: +1, -0

108.An article was sold at 16% gain. Had it been sold for Rs.200 more the gain would have been 20%. The cost price of the article is

Solution:

(1) Let cost price of the article be Rs.x, then

x×{116}/{100}+200= {x × 120}/{100}

⇒ 120 x-116 x=200 ×100

⇒ x=Rs. 5000

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