1.

A man bought an article and sold it at a gain of 10%. If he had bought the article at 20% less and sold it for Rs. 1,000 more, he would have made a profit of 40%. The cost price of the article (in Rs.) is:

A. 60,000
B. 50,000
C. 40,000
D. 25,000
Answer» C. 40,000


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