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An article sold at a loss of 20% would bring ₹100 more if it were sold at a gain of 5%. What is its cost price?

Class 8Profit and LossComparing Quantities
  • A₹400
  • B₹500
  • C₹2000
  • D₹100

Step-by-Step Solution

The two selling prices are 80% and 105% of CP; their difference is 25% of CP = ₹100. So CP = ₹400.
Answer: A) ₹400

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