An article is sold for 500 and hence a loss isincurred. Had the articl – InterviewSolution

1.	An article is sold for 500 and hence a loss isincurred. Had the article been sold for 700.the shopkeeper would have gained three timesthe former loss. What is the cost price of thearticle ?(A) 625 (B) 550(0) * 600 (D) 650
Answer» the cost price is 550

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