Multiple choice

A man sell an article at 5% above the cost price.If he had bought it at 5% less and sold it for Rs. 2 less, he would have gained 10% . find the cost price of the article? एक व्यक्ति किसी वस्तु को लागत मूल्य से 5 % अधिक पर बेचता है यदि उसने 5 % कम पर उसे ख़रीदा होता और रु. 2 कम पर बेचा होता तो उसे 10 % का लाभ होता. तो वस्तु का लागत मूल्य ज्ञात कीजिए है ?

  1. 200

  2. 300

  3. 400

  4. 500

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

Let CP = x. SP = 1.05x. If bought at 0.95x and sold at 1.05x - 2, profit = 10% of 0.95x = 0.095x. So: 1.05x - 2 = 1.095x, giving 0.045x = 2, so x = 2/0.045 = 2000/45 = 400.