Question

A difference of 0.95 in the cost of an article would mean a loss of 5% instead of a gain
of 15/2 % What is the original cost price of the article ?
​

Answer 1

Answer:

Suppose the CP of the article = Rs. 100

I case :

Profit =5%

SP = 100+5 = Rs. 105

II case :

Loss =5%

SP = CP − loss = 100−5 = Rs. 95

Difference between two SP's

= 105−95 = Rs. 10

If the difference = Rs. 10, then CP = Rs. 100

If the difference = Rs. 15, then CP =

10

100

×15= Rs. 150