Question

an article when sold at a profit of 5%yield RS. 50 more than when sold at lossof 5%. What was the cost price of article? ​

Answer 1

Step-by-step explanation:

CP of the article = Rs x

SP at a profit of 5% = 1•05x

SP at 15% loss = 0•85x

1•05x -0•85x =60

0•2x = 60 . x = 300

Answer 2

CP of article = Rs x

Sp at a profit of 5% = 1•05 x

Sp at 15% loss = 0•85 x

1•05 - 0•85 x = 60

0•2x = 60 . x = 300

so the cost price of article is Rs 300.