Mathematics
NULL
Medium
Question
An article is sold at 10% loss. If bought 20% cheaper and sold for Rs 55 more, profit would be 40%. Find the cost price.
A
Rs. 200
B
Rs. 225
C
Rs. 250
✓ Official correct answer
D
None of these
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A
Rs. 200
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B
Rs. 225
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C
Rs. 250
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D
None of these
No member explanations yet for this option.
Explanation
0.9x + 55 = 1.12x ⇒ 55 = 0.22x ⇒ x = Rs 250.