Question

a man sold an article at aloss of 20persent if he had sold it for 50 more.he would have gained 5 persent cost price of the article be​

Answer 1

Answer:

200

Step-by-step explanation:

Let the cost price be x.

(i) At 20% Loss:

Selling price = x - (20/100) * x

                    = 80x/100

                    = 4x/5

(ii) At 5% gain:

Selling price = x + (5/100) * x

                     = 105x/100

                     = 21x/20

Difference in both = (21x/20) - (4x/5)

50 = (21x/20) - (4x/5)

5x = 1000

x = 200.

Cost price of the article is 200.

Hope this helps!