Ramesh sells an article at a loss of 5%. If he buys it for 30% less price and sells it for Rs. 38.5 less, then his profit will be 20%. What is the cost price (in Rs.) of the article?

Ramesh sells an article at a loss of 5%. If he buys it for 30% less pr

1.	Ramesh sells an article at a loss of 5%. If he buys it for 30% less price and sells it for Rs. 38.5 less, then his profit will be 20%. What is the cost price (in Rs.) of the article?
A.	450
B.	300
C.	350
D.	250
Answer» D. 250

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Ramesh sells an article at a loss of 5%. If he buys it for 30% less price and sells it for Rs. 38.5 less, then his profit will be 20%. What is the cost price (in Rs.) of the article?

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