An article was sold for Rs. 500. Had the selling price been 10% less, the profit would have been 12.5%. What is the cost price of the article?

An article was sold for Rs. 500. Had the selling price been 10% less,

1.	An article was sold for Rs. 500. Had the selling price been 10% less, the profit would have been 12.5%. What is the cost price of the article?
A.	Rs. 360
B.	Rs. 480
C.	Rs. 420
D.	Rs. 400
Answer» E.

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An article was sold for Rs. 500. Had the selling price been 10% less, the profit would have been 12.5%. What is the cost price of the article?

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