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.75 less, he could have gained 25%. What is the cost price?
A. Rs.250
B. Rs.225
C. Rs.275
D. Rs.200
Explanation:
CP1 = 100 SP1 = 90
CP2 = 80 SP2 = 80 * (140/100) = 112
22 —– 100
55 —– ? => Rs.250