5'%5% more is gained by selling the arrival by rose by 350 by selling rose 340 what is the cost
Answers
Answer:
⇒ Let Cost price of the article be Rs.x
⇒ When Selling price is Rs.340 then,
⇒ Gain%=
x
340−x
×100
⇒ When Selling price is Rs. 350 then,
⇒ Gain%=
x
350−x
×100
⇒ Hence, Additional%gain=
x
350−x
×100−
x
340−x
×100
⇒ 5=[350−x−340+x]×
x
100
[It is given gain% = 5%]
⇒ 5x=1000
∴ x=Rs.200
∴ Cost price of article is Rs.200
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