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Multiple choice

The difference between the selling price of an article at profits of 25\% and 20\% is Rs. 10. The cost price of that article is

  1. Rs. 150

  2. Rs. 250

  3. Rs. 200

  4. Rs. 110

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Selling price at 25% profit = 1.25 CP, at 20% profit = 1.20 CP. Difference = 0.05 CP = Rs. 10. So CP = 10/0.05 = Rs. 200.

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