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A bicycle is sold at a gain of 16%. If i...

A bicycle is sold at a gain of `16%`. If it had been sold for Rs. 20 more, `20%` would have been gained. The C.P. of the bicycle is-

A

Rs. 350

B

Rs. 400

C

Rs. 500

D

Rs. 600

Text Solution

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The correct Answer is:
C
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