Question

If 5•/• more is gained by selling an article for rs. 350 than by selling it for rs.340, the cost of the article is??
A)rs.50
B)rs.160
C)rs.200
D)rs.225

Answer 1

Answer:

He gains Rs 10 more . This sum of Rs. 10 is extra gain of 5% of CP.

Therefore 5% of CP = 10 OR (5/100) x CP = 10 ==> CP = 10x(100/5) = 200.