Question

20. Sudesh sells an article at 8% gain. Had he
sold it 12 less, he would have gained 5%
Find the cost price of the article.
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Answer 1

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Let cost price of Goods is 100. selling price of Goods is 108. According to the question,

108%-105%=12 , 3%= 12 , so, 100% = 400.

cost price of Goods is 400

Answer 2

Answer: 400

Step-by-step explanation:

SP = CP(108/100) .............(1)

SP - 12 = CP(105/100) .............(2)

Divide equations (1) and (2)

SP/(SP - 12) = 108/105

SP = 432

So, CP = (432*100)/108 = 400

Here, CP = Cost Price, SP = Selling Price