If 5% more is gained by selling an article for rs. 350 than by selling it for rs. 340, the costof the article is
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5% more is gained by selling an article for Rs 350 than by selling it for Rs 340
Additional Gain = 350−340 = Rs 10
i.e Rs 10 = 5 % of the cost of the article
Hence Cost of article = 10×100/5 =Rs200
Additional Gain = 350−340 = Rs 10
i.e Rs 10 = 5 % of the cost of the article
Hence Cost of article = 10×100/5 =Rs200
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