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  1. An article was sold at 16% gain. Had it been sold for $ 200 more, the gain would have been 20%. Then the cost price of the article is:
    1. $ 5000
    2. $ 4800
    3. $ 4500
    4. $ 5200
Correct Option: A

Suppose C.P. of article be $ y.
According to question ,

y ×
116
+ 200 =
y × 120
100100

⇒ y ×
4
= 200
100

⇒ y ×
200 × 100
= $ 5000
4

We can find required answer with the help of given formula :
Here, a = 16%, R = $ 200, b = 20%
C.P. =
R × 100
b - a

C.P. =
200 × 100
20 - 16

C.P. =
200 × 100
= $ 5000
4



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