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Aptitude · Q472

Profit And Loss

Competitive Exams · Aptitude · question 472

Q472

Remi earns a profit of 20% on selling an article at a certain price. If she sells the article for Rs. 8 more, she will gain 30%. What is the original cost price of 16 such articles?

A.
Rs. 1,152
B.
Rs. 1,120
C.
Rs. 1,280
Answer
D.
Rs. 1,200

Answer: Option C

Solution

Answer: Option C
Solution:
Profit and Loss mcq question image
Cost price of 1 article = 80
Cost price of 16 article = 80 × 16 = Rs. 1280