A shopkeeper sold an article at a gain of 5percent. If he sold it for Rs 16.50less, he would have lost 5percent. Find the cost price of the article.
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let us cost price is 100Rs.
selling price will be at a gain of 5% is 105
if he sold it less than 16.5 less than selling price will be 83.5Rs. and the loss is equal to 5% then cost price will be (100-83.5)×100÷5=350
selling price will be at a gain of 5% is 105
if he sold it less than 16.5 less than selling price will be 83.5Rs. and the loss is equal to 5% then cost price will be (100-83.5)×100÷5=350
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