Question

By selling an article their is a loss of 2.5% .by selling it at rupee 6 their is a gain of 5% find the cost price of the article?

Answer 1

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Suppose the CP of the article = Rs. 100

I case :

Profit =5%

SP = 100+5 = Rs. 105

II case :

Loss =5%

SP = CP − loss = 100−5 = Rs. 95

Difference between two SP's

= 105−95 = Rs. 10

If the difference = Rs. 10,

then CP = Rs. 100

If the difference = Rs. 15,

then CP =10100×15= Rs. 150