An article is sold at 20% profit instead of 5% loss, the man gains Rs. 120 more. What is the cost price (in Rs.) of that article?

An article is sold at 20% profit instead of 5% loss, the man gains Rs.

1.	An article is sold at 20% profit instead of 5% loss, the man gains Rs. 120 more. What is the cost price (in Rs.) of that article?
A.	480
B.	720
C.	1020
D.	1080
Answer» B. 720

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An article is sold at 20% profit instead of 5% loss, the man gains Rs. 120 more. What is the cost price (in Rs.) of that article?

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