Question

A man sells an article at a loss of 10% had he sold it for rs. 80 more .he could have gained 6% what is the cost price of articles

Answer 1

Let the actual c.p = rs.100

Actual s.p at 10% loss = rs.90

Supposed c.p at 20% less = rs.80

Supposed s.p of 30% gain = 80*130/100 = rs. 104

Therefore diff. in s.p = 90–104 = 14

If the diff is 14, the c.p = rs.100

If the diff is 56, the c.p = 100*56/14 = rs.400