An article is sold at a gain of 15 % . Had it been sold for Rs.,27 more, profit would have been 20 %

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7.Profit and Loss

easy

An article is sold at a gain of $15 \% .$ Had it been sold for $Rs.\,27$ more, the profit would have been $20 \%$. The cost price of the article is (in $Rs.$)

A

$500$

B

$700$

C

$540$

D

$545$

Solution

Let, the $C.P.$ of the article be $₹ x$

Now, according to the question,

$\frac{120 x}{100}-\frac{115 x}{100}=27 \Rightarrow \frac{5 x}{100}=27$

$\Rightarrow x=\frac{27 \times 100}{5}=Rs. 540$

Standard 13

Quantitative Aptitude

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