Question

Raghu sold an article for Rs. 180 after allowing a 20% discount on its marked price. Had he not allowed any discount, he would have gained 20%. What is the cost price of the article?

• A. Rs. 187.50
• B. Rs. 192.80
• C. Rs. 190.40
• D. Rs 188.60

Answer 1

Answer:

A. Rs. 187.50

SP of the article = 180 MP of the article = 180 × (100/80) = 225 CP of the article = 225 × (100/120) = 187.5