Question

A man sells an article at a gain of 5 %. If he had sold it at Rs. 63 less, he would have lost 2 %. Find out the cost price of the article.

Answer 1

let the cp be x
sp=105x/100
if he had sold it for 63 less so would be 105x/100-63
loss 2% means sp=98x/100
105x/100-63=98x/100
7x/100=63
x=900

Answer 2

The solution for your query is mentioned in the below attached pictures.... Please check them out...

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