Question:
A trader sold an article at a gain of 20% Had he purchased it for 40% more and sold for 24 less, he would have incurred a loss of 20%. What is the cost price of the article?
A trader sold an article at a gain of 20% Had he purchased it for 40% more and sold for 24 less, he would have incurred a loss of 20%. What is the cost price of the article?
Updated On: Aug 20, 2024
- ₹ 150
- ₹ 300
- ₹ 450
- ₹ 600
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The Correct Option is B
Solution and Explanation
The correct option is (B): ₹ 300.
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