Question

A man sells an articles at 5% profit. if he had bought it at 5% less and sold it for rs. 1 less, he would have gained 10%. the cost price of the article is

Answer 1

Let the cost price be t

Selling price = 105x100105x100

If If he had bought it at 5% less, cost price = 95x10095x100

If he had sold it for Rs. 1 less, selling price = 105x100−1=105x−100100105x100−1=105x−100100

In this case, profit is 10%

95t100×110100=105t−10010095x×110=(105x

−100)10010450t=10500

T−1000050t=10000t=20095



t100×110100=105t−10010095x×110=(105

−100)10010450x=10500
−1000050

=10000=200

Required cost price = Rs.200

$= = = = = = = = = =$