Q18 of 94 Page 140

If an article is sold at a gain of 5% instead of being sold at a loss of 5%, a man gets Rs. 5 more. What is the cost price of the article?

Let the CP be x.


When Profit is earned CP = 1.05x


When Loss is incurred CP = 0.95x


According to question,


1.05 × – 0.95 × =5


0.10 × =5


X= 50


So, Cost Price of an article is Rs.50.

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