Question

An article was sold at certain price. By selling it at one fifth of that price, the loss incurred would be 20%. Find the gain on the original price

Answer 1

Answer:

Let the cost price=100 Rs.

loss=10%

Then selling price=100−10=90Rs

S.P is

3

2

of original price

∴Originalprice=90×

2

3

=135Rs.

Profit=135−100=35Rs.

Gain percentage=

100

35

×100=35

Answer 2

Answer:

Let the cost price=100 Rs.

loss=10%

Then selling price=100−10=90Rs

S.P is

3

2

of original price

∴Originalprice=90×

2

3

=135Rs.

Profit=135−100=35Rs.

Gain percentage=

100

35

×100=35