Question

By selling an article, there is loss of 2.5%. by selling it at ₹6 more, there is gain of 5% . find the cost price of an article.​

Answer 1

Answer:

A radio dealer sold a radio at a loss of 2.5%. Had he sold it for Rs. 100 more. he would have gained 712%. In order to gain 1212% he should sell it for

A) Rs. 1080

B) Rs 1125

C) Rs. 850

D) Rs. 925

Correct Answer:

B) Rs 1125

Description for Correct answer:

Let CP of the Radio = 100 unit

According to question,

10 units = 100

1 unit =10010=10

100 units = 100×10 = 1000

CP of the radion = Rs. 1000

to gain 1212% SP of the radio

=1000+12.5100×1000

= Rs. 1125

Answer 2

Answer:

Cost price is Rs.80

Hope it helps you !!