An article is sold at a gain of 20%. If it had been sold for Rs. 40 more, gain would have been 30%. Find the cost price.
- A. Rs. 400 ✓
- B. Rs. 350
- C. Rs. 450
- D. Rs. 380
Correct answer
A. Rs. 400
Explanation
10% of CP = 40, so CP = 400.
A. Rs. 400
10% of CP = 40, so CP = 400.