Multiple Choice Questions on A tradesman sold an article at a loss of 20 If the selling price had been increased by Rs 100 there ........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A tradesman sold an article at a loss of 20 If the selling price had been increased by Rs 100 there ...........

Quantitative Aptitude ( CCS) Profit and loss
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    A tradesman sold an article at a loss of 20%. If the selling price had been increased by Rs. 100, there would have been a gain of 5%. What was the cost price of the article?

    Rs. 300

    Incorrect Answer

    Rs. 350

    Incorrect Answer

    Rs. 400

    Correct Answer

    Rs. 450

    Incorrect Answer
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    Explanation:

    % difference between loss and profit=25
    increasing price=100
    cp=100*100/25=400

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