Anu sold an article for Rs 480 at some profit. Had she sold it for Rs
| Anu sold an article for Rs 480 at some profit. Had she sold it for Rs 400, then there would have been a loss equal to one-third of the initial profit. What was the cost price of the article?
A. Rs 450
B. Rs 425
C. Rs 420
D. Rs 430
Right Answer is: C
SOLUTION
Let the C. P. = 
A. T. Q
Let the profit is 
Then, 
C. P.
Hence, C. P. = 400 + 20 = 420
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Anu sold an article for Rs 480 at some profit. Had she sold it for Rs