A shopkeeper sold an article at a gain percent 5% if he had sold it for the 16.50 less he will have lost 5% find the cost price of articles
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Answer:
If cost price of an article=x, SP= (105/100)*x
According to given condition: (105/100)*x - 16.5 = (95/100)*x, So x=165
Step-by-step explanation:
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Answer:
hope it helps
Step-by-step explanation:
S.p = Rs. 16.50
loss% = 5%
C.P = ?
we know,
loss = C.P - S.P ×100%÷C.P
5 = C.P- 16.50 ×100%÷C.P
5 = 100C.P- 1650÷C.P
Do cross multiply
5C.P = 100C.P -1650
1650 = 100C.P-5C.P
1650 = 95C.P
1650÷95 = C.P
17.36 = C.P
Therefore, the cost price of articles is Rs. 17.36
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