A) Rs. 100
B) Rs. 200
C) Rs. 400
D) Rs. 300
Correct Answer: C
Solution :
[c] Let, the cost price of article is Rs. x. Then, 0Selling price of article \[=\frac{x\times 105}{100}=\text{Rs}.\,\,1.05x\] According to the questions, x of 95% of\[110%=1.05x-2\] \[\Rightarrow \]\[\frac{x\times 95\times 110}{100\times 100}=1.05x-2\]\[\Rightarrow \] \[1.045x=1.05x-2\] \[\Rightarrow \] \[1.05x-1.045x=2\] \[\Rightarrow \]\[0.005x=2\] \[\therefore \] \[x=\text{Rs}\text{.}\,400\] |
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