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Aptitude · Q276

Profit And Loss

Competitive Exams · Aptitude · question 276

Q276

A person sells an article for Rs. 75 and gains as much percent as the cost price of the article in rupees. The cost price of the article is = ?

A.
Rs. 37.50
B.
Rs. 40
C.
Rs. 50
Answer
D.
Rs. 150

Answer: Option C

Solution

Answer: Option C
Solution:
In this type of question go through option
Option : C
Cost price = Rs. 50
Gains as much percentage as the cost price of the article means 50% gains
50% of cost price
50% of Rs. 50 = Rs. 25
Selling price = Cost price + Profit
Selling price = 50 + 25
Selling price = Rs. 75