Discussion

Q.

A shopkeeper sells an article at a loss of 10%. Had he sold the same for ₹ 60 more, he could have got a profit of 5%. Find the cost price of the article.

A. 120

B. 300

C. 240

D. 400

Correct Option is D

Explanation:

Let the cost price = 100%

Initial selling price = 90%

New selling price = 105%

Difference = 15%

15% = 60

100% = 400

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