Question

by reducing the selling price of an article by
50, a gain of 5% turns into a loss of 5%. Find the
original selling price of the article?​

Answer 1

Answer:

Let,

C.P. = x

Original S.P. = x + x × 5% = x+5x/100=x+x/20=21x/20

A.T.Q.,

21x/20 - 50= x - x × 5%

or, 21x/20 - 50 = x - x/20

or,21x/20 - 50 = 19x/20

or, (21x - 19x)/20 = 50

or, x/10 = 50

or, x = 500

Thus,

Original S.P.

= (21×500)÷20

= Rs. 525