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
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
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