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A man bought an article and sold it at a gain of 10%. If he bought the article at 20% less and sold it for Rs. 1,000 more, he would have made a profit of 40%. The cost price of the article (in Rs.) is:

A. 50,000

B. 60,000

C. 40,000

D. 25,000

Answer: Option A


This Question Belongs to Arithmetic Ability >> Profit And Loss

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