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Remi earns a profit of 20 on selling an article at...

This question belongs to Arithmetic Ability Profit And Loss
Profit and Loss
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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?

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