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A tradesman sold an article at a loss of...

A tradesman sold an article at a loss of 20%. If the selling price had been increased by 100, there would have been a gain of 5%. The cost price of the article was:

A

(A) 100

B

(B) 200

C

(C) 400

D

(D) 500

Text Solution

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The correct Answer is:
C
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