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A person bought an article and sold it a...

A person bought an article and sold it at a loss of 10%. If he had bought it for 20% less and sold it for Rs.55 more, he would have had a profit of 40%. The cost price of the article is

A

Rs. 200

B

Rs. 225

C

Rs. 250

D

None of these

Text Solution

Verified by Experts

The correct Answer is:
C
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