Q.

A man sells an article at 5% above its cost price. If he had bought it at 5% less than what he had paid for it and sold it at t 2 less, he would have gained 10%. The cost price of the article is.

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a

300

b

200

c

400

d

100

answer is D.

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Detailed Solution

Cost price =100x95x×110100=105x2x=4

cost price=400

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