An article is sold at a profit of 20% of its cost price. If cost price and selling price reduces by Rs 10 and Rs. 5 respectively, then the percentage profit increased to 30%. Find the cost price?

An article is sold at a profit of 20% of its cost price. If cost price

1.	An article is sold at a profit of 20% of its cost price. If cost price and selling price reduces by Rs 10 and Rs. 5 respectively, then the percentage profit increased to 30%. Find the cost price?
A.	Rs. 80
B.	Rs. 50
C.	Rs. 75
D.	Rs. 60
Answer» B. Rs. 50

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An article is sold at a profit of 20% of its cost price. If cost price and selling price reduces by Rs 10 and Rs. 5 respectively, then the percentage profit increased to 30%. Find the cost price?

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