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Question

If by selling the articles for Rs.180 a man gains 15%, find his cost

A
Rs.175
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B
Rs.150
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C
Rs.156.5
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D
Rs.170
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Solution

The correct option is C Rs.156.5
Let the cost price be x then gain is 15% of x i.e. (0.15)x
As selling cost = cost price + gain
=> 180 = x + 0.15x
=> x = 156.5 rupees

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