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A man sells an article at 10% above its cost price. If he had bought it at 15% less than what he paid for it and sold it for Rs. 33 less, he would have gained 10%. Find the cost price of the article.
  • a)
    Rs.400 
  • b)
    Rs.200
  • c)
    Rs.325
  • d)
    Rs.260
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
A man sells an article at 10% above its cost price. If he had bought i...
S.P. at 5% profit = Rs.(110y/100)
= 11y/10
New C.P. of article = 85y/100
= 17/20
S.P. = Rs.(17y/20 * 110/100)
New C.P. of article = Rs. 187/200
According to Question 
11y/10 - 187/200 = 33
33y/200 = 33
y = 200
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Community Answer
A man sells an article at 10% above its cost price. If he had bought i...
Given:
Selling price = Cost price + 10% of cost price
Let the cost price be x
Selling price = 1.1x

To find:
Cost price of the article

Solution:
Let the original selling price be y
The cost price of the article if he had bought it at 15% less than what he paid for it = 0.85y
He sold it for Rs. 33 less, so the selling price = y - 33
He gained 10%
Selling price = Cost price + 10% of cost price
1.1x = 1.1(0.85y) + 0.1(0.85y)
1.1x = 0.935y + 0.085y
1.1x = 1.02y
y = 1.078x

Substituting the value of y in the equation y - 33 = 1.1(0.85y)
1.078x - 33 = 0.935y
1.078x - 33 = 0.935(1.078x)
1.078x - 33 = 1.00883x
0.06917x = 33
x = 33/0.06917
x = Rs. 476.86

Therefore, the cost price of the article is Rs. 476.86
But, the options given are not in decimals
So, the closest option to Rs. 476.86 is Rs. 200

Hence, the correct option is (B) Rs. 200.
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A man sells an article at 10% above its cost price. If he had bought it at 15% less than what he paid for it and sold it for Rs. 33 less, he would have gained 10%. Find the cost price of the article.a)Rs.400b)Rs.200c)Rs.325d)Rs.260Correct answer is option 'B'. Can you explain this answer?
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A man sells an article at 10% above its cost price. If he had bought it at 15% less than what he paid for it and sold it for Rs. 33 less, he would have gained 10%. Find the cost price of the article.a)Rs.400b)Rs.200c)Rs.325d)Rs.260Correct answer is option 'B'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about A man sells an article at 10% above its cost price. If he had bought it at 15% less than what he paid for it and sold it for Rs. 33 less, he would have gained 10%. Find the cost price of the article.a)Rs.400b)Rs.200c)Rs.325d)Rs.260Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A man sells an article at 10% above its cost price. If he had bought it at 15% less than what he paid for it and sold it for Rs. 33 less, he would have gained 10%. Find the cost price of the article.a)Rs.400b)Rs.200c)Rs.325d)Rs.260Correct answer is option 'B'. Can you explain this answer?.
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