An article was sold at a gain of 18%. If it had been sold for Rs. 49 more, then the gain would have been 25%. The cost price of the article is :
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e Rs.700
Explanation:
Let the cost price of an article be 100%.
Difference in gain = (25 - 18)% = 7%
49 = 7%
Cost price(100%) = 49/7 × 100 = Rs.700