Vinay sells an article at a profit of 20 percent. If both th

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Vinay sells an article at a profit of 20 percent. If both the cost price and selling price are reduced by Rs. 20, then the profit becomes 40 percent. What is the initial cost price?

[SSC CHSL 14th March 2023 Shift-4 With Answers]

A

Rs. 80

B

Rs. 60

C

Rs. 50

D

Rs. 40

EXPLANATION

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