'X' sells fruits at 21% profit. If X bought it for 9% less and sold it for Rs.29 less, he would have gained 25%. The cost price of fruits is?

Rs. 400
Rs. 420
Rs. 460
Rs. 480

Correct Answer: Rs. 400

Explanation:

Let the cost price of the fruits be 'C.P'

From the given data, after analysis it can be solved as

(121% of C.P) - (125% of 91% of C.P) = 29

$\frac{121}{100} C . P - \frac{125}{100} x \frac{91}{100} x C . P = 29 \frac{121}{100} - \frac{125 x 91}{100 x 100} C . P = 29 (12100 - 125 x 91) C . P = 290000 (12100 - 11375) C . P = 290000725 C . P = 290000 C . P = 400$

Hence, the cost price of the fruits = Rs. 400.

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