A sells his articles at 12% profit. If h

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A sells his articles at 12% profit. If he sells the article at ₹ 18 more than before, then he earns 18% profit. Find cost price of the article.

Options:

₹ 200

₹ 250

₹ 275

₹ 300

Correct Answer:

₹ 300

Explanation:

CP × 18% - CP × 12% = 18

CP = 300