If an article is sold at 5% profit instead of 8% loss, the man gains Rs. 260 more. What is the cost price (in Rs) of the article?

If an article is sold at 5% profit instead of 8% loss, the man gains R

1.	If an article is sold at 5% profit instead of 8% loss, the man gains Rs. 260 more. What is the cost price (in Rs) of the article?
A.	1800
B.	2000
C.	1500
D.	1400
E.	1600
Answer» C. 1500

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If an article is sold at 5% profit instead of 8% loss, the man gains Rs. 260 more. What is the cost price (in Rs) of the article?

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