Profit and Loss | Arithmetic aptitude | Discussion Page

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 :

A) Rs. 50

B) Rs. 160

C) Rs. 200

D) Rs. 225

E) Rs. 250

Option C

Let C.P be Rs. $x$. Then, $5$% of $x=(350-340)$

$=10\Rightarrow \frac{x}{20}=10$

$\Rightarrow x = 200$

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