an article when sold at a gain of 11% gives 55 more than when sold at a loss of 11% . find the cp
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Answer:
CP=250
Step-by-step explanation:
Let the original cost of article be x
When sold at a gain of 11% the cost becomes=(100+11)x/100=111x/100---a
When sold at a loss of 11% the cost becomes=(100-11)x/100=89x/100---b
The relation between a&b
cost at Gain-55=cost at Loss
111x/100-55=89x/100
22x=5500
x=250.
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