Arithmetichard · Past Paper
A person sells an article at 20% profit. If he had bought it at 20% less and sold it for Rs. 5 less, he would have gained 25%. Find CP.
ARs. 25
BRs. 50
CRs. 40
DRs. 60
✓ Correct Answer: A — Rs. 25
Let CP=100x, SP=120x. New CP=80x. New SP = 1.25*80x = 100x. 120x - 100x = 5 => 20x = 5 => x = 1/4. CP = 100 * (1/4) = 25.
Share this question
More from Arithmetic
- If SP of 10 items is equal to CP of 12 items, find profit %.
- The difference between SI and CI for 3 years at 10% p.a. on a certain sum is Rs. 31. Find the sum.
- The ratio of the radii of two cylinders is 2:3 and the ratio of their heights is 5:4. Find the ratio of their volumes.
- Find the SP if MP = Rs. 500 and discount = 15%.
- Find the amount on Rs 1000 for 2 years at 10% p.a. compounded annually.