Home » Aptitude » Profit and Loss » Question
  1. An increase of $ 3 in the selling price of an article turns a loss of (15 / 2) % into a gain of (15 / 2) % . The cost price (in $) of the article is:
    1. 25
    2. 20
    3. 15
    4. 10
Correct Option: B

As per the given question,
15% of CP of article = $ 3

15
× CP of the article = $ 3
100

∴ CP of article =
3 × 100
= $ 20
15



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