Profit and Loss - Arithmetic Aptitude Questions and Answers

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If 5% more is gained by selling an article for Rs. 350 than by selling it for Rs. 340, the cost of the article is:

Rs. 50

Rs. 160

Rs. 200

Rs. 225

Answer : Option C

Explanation :

Let C.P. be Rs. x.

Then, 5% of x = 350 - 340 = 10

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