Profit and loss

Quantitative Aptitude ( CCS)

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A tradesman sold an article at a loss of 20%.if the selling price has been increased by Rs100,ther would have been a gain of 5%.what was the cost price of the article?

350

380

400

420

Explanation:

Let C.P be Rs x. then (105% of x)-(80 % of x)=100 or 25% of x=100
x/4=100 or x=400
so,C.P =Rs 400

By: Pranav Gupta

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