Question

A person sells goods at a loss of 10%. Had he sold
it for 100 more, he would have gained 10%. The
cost price is​

Answer 1

Answer:

Let n be the cost of the article. Then:

.9n (sold at a loss)+9=1.125n (sold at a gain)

9=1.125n-.9n

=n(1.125-.9)

=.225n

n=9/.225

=Rs. 40 as the cost of the article

Step-by-step explanation:

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