Question

An article is sold at a loss of 10%. Had it been sold for Rs. 9 more, there would have a gain of 12 1/2% on it, then what is the cost price of the article

• A. 80
• B. 40
• C. 65
• D. 36

Answer 1

Answer:

B. 40

if cost price CP = 100% loss = 90% 90% + 9 = 112.5% 112.5% - 90% = 9 22.5% = 9 100% = 9 × 100/22.5 = 40