Multiple choice

Remi earns a profit of 20% on selling an article at a certain price. If she sells the articles for Rs. 8 more, she will gain 30%. What is the original cost price of 16 such articles in Rs?

  1. 1200

  2. 1280

  3. 1320

  4. 1390
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Let CP be cost price of one article. Selling at 20% profit means SP = 1.2 CP. If SP + 8 gives 30% profit: 1.2 CP + 8 = 1.3 CP, so 0.1 CP = 8, CP = 80. For 16 articles, total CP = 16 × 80 = 1280.

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