A man sells an article at a gain of 5%. If he had sold it at rs63 less ,he would have lost 2%. Find out the cost price of the article.
Answers
Answered by
46
5%-(-2% )=63 Rs
7%=63
100%=900 rs
7%=63
100%=900 rs
Answered by
84
Let CP be x
1st SP =
X + 5% of X= x+5/100x=(100+5)x/100=105/100
2nd SP=
X - 2% of X =x-2/100x=(100-2)x/100=98/100
105/100x-98/100x=63
7/100x=63
X=63×100/7
X=900
1st SP =
X + 5% of X= x+5/100x=(100+5)x/100=105/100
2nd SP=
X - 2% of X =x-2/100x=(100-2)x/100=98/100
105/100x-98/100x=63
7/100x=63
X=63×100/7
X=900
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