A trader sold an article at a gain of $20 \%$. Had he purchased it for $40 \%$ more and sold for $Rs.\, 24$ less, he would have incurred a loss of $20 \%$. What is the cost price (in $Rs.$) of the article?
A trader sold an article at a gain of $20 \%$. Had he purchased it for $40 \%$ more and sold for $Rs.\, 24$ less, he would have incurred a loss of $20 \%$. What is the cost price (in $Rs.$) of the article?
- A
$150$
- B
$300$
- C
$450$
- D
$600$
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