Question 75

A personsold an article at a loss of 8%. Had he sold it at a gain of 10.5%, he would have received ₹37 more. What is the costprice of the article?

Solution

Let X be cost price of the article.

The difference between gain % and loss % = $$10.5-\left(-8\right)=18.5\%$$

According to the condition given in the question;

X$$X\times\ \frac{18.5}{100}=37$$

X = 200

i.e cost price of the Article = ₹200

Hence option D is correct.

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