Question

a) An article when sold at a profit of 5% yields Rs 50 more than when sold at a loss
of 5%. What was the cost price of the article?
​

Answer 1

Answer:

CP of the article = Rs x

SP at a profit of 5% = 1•05x

SP at 15% loss = 0•85x

1•05x -0•85x =60

0•2x = 60 . x = 300

Step-by-step explanation:

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Answer 2

Answer:

x = 500

Step-by-step explanation:

SP at 5% profit

= 1.05x SP at 5% loss= 0.95x  

= Rs. 50 1.05x- 0.95x= 50  

0.1x= 50  

x= 50/0.1  

x= 500