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Discussion :: Profit and Loss

  1. By selling an article at Rs.600, a profit of 25% is made. Find its cost price?
    2. A.
    Rs.350
    B.
    Rs.400
    C.
    Rs.573
    D.
    Rs.480

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    Answer : Option D

    Explanation :

    SP = 600
    CP = (SP)*[100/(100+P)]
    = 600 * [100/(100+25)]
    = 600 * [100/125] = Rs.480

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