Question

A shopkeeper sold an article at a gain of 5% if he had sold it for 16. 5 rupees less he would have lost 5% find the cost price of the article​

Answer 1

Answer:

Let the cost price be x.

Given , 5% gain = x + (5/100) * x = 1.05x.

Given , 5% Loss = x - (5/100) * x = 0.95x

Given that 1.05x - 0.95x = 16.5

                    0.1x = 16.5

                            x = 165