A trader sells an article at a profit of 15%. If he had bought it for 15% less and had sold it for $ 7.80 less, he would have gained 20%. Find the cost price of the article.

A trader sells an article at a profit of 15%. If he had bought it for

1.	A trader sells an article at a profit of 15%. If he had bought it for 15% less and had sold it for $ 7.80 less, he would have gained 20%. Find the cost price of the article.
A.	$ 65
B.	$ 80
C.	$ 60
D.	$ 70
Answer» D. $ 70

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A trader sells an article at a profit of 15%. If he had bought it for 15% less and had sold it for $ 7.80 less, he would have gained 20%. Find the cost price of the article.

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