Question

a shopkeeper sells an article at gain of 5% if he had sold it for 16.50 less he would loss 5 % find the cost price of the article

Answer 1

Let CP be x

G% = 5%

SP = 105x/100

L% = 5%

SP = 95x/100

105x/100 - 16.50 = 95x/100

105x/100 - 95x/100 = 16.50

10x/100 = 16.50

x = 1650/10

x = 165

Therefore, the CP of the article is Rs. 165.