Q458
Anu sold an article for Rs. 480 at some profit. Had she sold it for Rs. 400. Then there would have been a loss equal to one-third of the initial profit. What was the cost price of the article?
A.
Rs. 430
B.
Rs. 450
C.
Rs. 420
AnswerD.
Rs. 425
Answer: Option C
Solution
Answer: Option C
Solution:
Loss = ProfitCost price = 480 - 3x = 400 + x
4x = 80
x = 20
Cost price = 400 + 20 = 420