Q. A man sells an article at a loss of 12%. If he had sold it for ₹180 more, he would have gained 3%. Find the cost price.
✅ Correct Answer: (B)
₹1200
Explanation: Difference between 3% profit and 12% loss = 15% of CP. 15% of CP = 180, so CP = ₹1200. Therefore, the correct answer is ₹1200.
Explanation by: Krishna Sharma
Difference between 3% profit and 12% loss = 15% of CP. 15% of CP = 180, so CP = ₹1200. Therefore, the correct answer is ₹1200.