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A man sold an article for Rs. 222, there by gaining 20%. The cost of the article (in Rs.) was:
Question

A man sold an article for Rs. 222, there by gaining 20%. The cost of the article (in Rs.) was:

A.

266

B.

178

C.

185

D.

278

Correct option is C

Given:

Selling Price (SP) = Rs. 222

Gain = 20%

Formula Used:

SP = CP×(1+Profit %100)\text{CP} \times \left(1 + \frac{\text{Profit \%}}{100}\right)​​

Solution:

CP = 2221+20100=2221.2\frac{222}{1 + \frac{20}{100}} = \frac{222}{1.2}​ = Rs. 185

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