Multiple choice

A man sold an article at 12 percentage profit and if he sold it for Rs. 9600 more, 18 percentage would have been gained, so find CP of the article?

  1. Rs. 166000

  2. Rs. 165000

  3. Rs. 160000

  4. Rs. 169000

  5. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let CP = x. Selling at 12% profit means SP = 1.12x. Selling for Rs. 9600 more at 18% profit means 1.18x = 1.12x + 9600. So 0.06x = 9600, x = 9600/0.06 = Rs. 160,000. Option C (Rs. 160000) is correct. Verify: 12% of 160000 = 19200; 18% of 160000 = 28800; difference = 9600 ✓.

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