An article sold for Rs. 350 yields 5% more profit than when it is sold for Rs. 340. What is the cost price of the article?

Mathematics Mcqs for PPSC, FPSC, NTS, and Pakistan government job tests. Select an option below, then read the explanation.

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Subject
Mathematics Mcqsmathematics-mcqs
Published
2 Jan 2022
Last updated
28 May 2026

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Explanation

Let the cost price be Rs. x. The difference in selling prices is Rs. 10, which corresponds to a 5% increase in profit on the cost price. Therefore, 5% of x equals 10, giving x/20 = 10. Solving this, x = Rs. 200.

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