A trader sells an article at a loss of 12%. If he had sold it for Rs. 180 more, he would have gained 8%. Find the cost price of the article.

Topic: Profit and Loss
Subtopic: Cost Price

ARs. 800

BRs. 850

CRs. 900

DRs. 950

Explanation

Difference in percentages = 8% – (-12%) = 20%. 20% of Cost Price = Rs. 180 => Cost Price = (180 / 20) * 100 = Rs. 900.

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