-
A shopkeeper sold an article at a loss of 20%. But if he could sell it at Rs. 200 more, he could earn a profit of 5%. The cost price of the article is
-
- Rs. 800
- Rs. 1,000
- Rs. 1,200
- Rs. 600
Correct Option: A
Let the C.P. of article be Rs. y.
According to the question,
- | = 200 | 100 | 100 |
⇒ 105y – 80y = 20000
⇒ 25y = 20000
⇒ y = | = Rs. 800 | 25 |
Using the given formula :
Here, a = 20%, R = 200, b = 5%
C.P. = | b + a |
C.P. = | 20 + 5 |
C.P. = | = Rs. 800 | 25 |