Question

A bucket was sold at loss of 8% had it been sold for rupees 56 more , there would have been a gain of 8%. Find cost price

Answer 1

please find the attachment

Answer 2

Loss=8%

Let the cost price be x

SP= 100-8 ×x/100

=92x/100

SP=92x/100+56

Gain%= 8%

SP=100+8×x/100

Difference between two SPs=56

108x/100-92x/100=56

16x=56×100

x=56×100/16

x=350