A shopkeeper sells an article at 15% profit. Had he bought it at 10% less and sold it for Rs. 10 more, he would have gained 30%. Find the cost price. MCQ with Answer and Explanation

A shopkeeper sells an article at 15% profit. Had he bought it at 10% less and sold it for Rs. 10 more, he would have gained 30%. Find the cost price.
A. Rs. 500
B. Rs. 600
C. Rs. 400
D. Rs. 700
Answer: Option A
Solution (By JKSSB Mock Tests)
CP=x, SP=1.15x. New CP=0.9x, new SP=1.15x+10 = 1.3×0.9x = 1.17x → 0.02x=10 → x=500.

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