Question

a man sold an article at a loss of 7%. if he had sold it for ₹72 more he would have gained 5% . find the cost price of article.​

Answer 1

Answer:

Let us assume the price is x.

So sell price at 7% loss is x-0.07x

And sell price at 5 % profit is x+0.05x

Therefore, the equation becomes,

(x+0.05x) = (x-0.07x) + 72

(x+0.05x) - (x - 0.07x) = 72

=> x + 0.07x -2x + 0.07x = 72

=> 0.14 x = 72

=> x = 72/0.14

=> x = 514.2857142857

Answer 2

Answer:

x = 514.2857142857 is the answer