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  1. Sandeep sells an article at a loss of 10%. Had he bought it at 20% less and sold it for Rs. 55 more, he could have gained 40%. What is the cost price of the article?
    1. Rs. 200
    2. Rs. 225
    3. Rs. 250
    4. Rs. 275
Correct Option: C

Case I :
Suppose C.P. of article = Rs. y
At 10% loss ,

First S.P. = Rs.
9y
10

Case II :
At 20% less ,
C.P. =
80y
= Rs.
4y
1005

According to the question,
4y
×
140
-
9x
= 55
510010

56x
-
9y
= 55
5010

56y - 45y
= 55
50

⇒ 11y = 50 × 55
⇒ y =
50 × 55
= Rs. 250
11



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