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>> If 5% more is gained by selling an article for Rs. 350 than by selling it for Rs. 340, the cost of t...
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Q. If 5% more is gained by selling an article for Rs. 350 than by selling it for Rs. 340, the cost of the article is:________?
a.
Rs. 50
b.
Rs. 160
c.
Rs. 200
d.
Rs. 225
ANSWER: Rs. 200
Answer & Explanation
Let C.P. be Rs. x.
Then, 5% of x = 350 – 340 = 10
x/20 = 10 => x = 200
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