Question

A shopkeeper sells an article at loss of
4%. If he had Charged rs.8 more, he would
have gained 5% find the cp of the article​

Answer 1

Answer:

CP = Rs. 88.89

Step-by-step explanation:

Let the CP be Rs 100,

So the SP in first case becomes = Rs. 100–4% of 100

= 100–4

= 96

In the case of 5% gain, SP= Rs.105

So the difference in both SP is= 105–96

= 9

But the actual difference is = 8

So when the difference value is 9, then the actual value of difference = 8

when the value is 1, then the actual value = 8/9

when the value of CP is 100, then the actual value of CP is = 8/9 x 100

So the value of CP is = Rs. 88.89