Question

an article when sold at a gain of 11% gives 55 more than when sold at a loss of 11% . find the cp​

Answer 1

Answer:

Step-by-step explanation:

Article was sold at a gain of 11%

It gives 55 more than when sold at a loss of 11%

let the cost price (cp) be x.

so, 11% of x is 55

11/100 X x = 55

11 X x = 5500

x = 5500/11

x = 500

so the cost price (cp) is x that is 500.