Question 92

An article when sold at a gain of 5% yields rupees 15 more than when it is sold at a loss of 5%. Then the cost price of that article in rupees is

Solution

Solution:

Gain % = 5

Loss % = 5

Difference in profit percentages = 5-(-5) = 10%

This 10%(of CP) corresponds to monetary value of Rs 15

1% of CP corresponds to Rs. 15/10 = Rs.1.5

100% of CP = Rs. 1.5* 100 = Rs. 150 Answer

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