Question

A man sells an article at a gain of 10%. If he had bought it for 10% lesz and sold it for 10 rupees more he would have gained 25% profit. Find th cost price of the article

Answer 1

Suppose CP = x

When 10% gain, SP = 1.1x

When 10% loss, SP = .9x

1.1x - .9x = 10

.2x = 10

x = 50