Question

if 5% more is gaining by selling an article for 350 rupees than by selling it for 340 rupees ,then the cost of the article is

Answer 1

if he sold it for 350 in the place of 340 he would have gain 5%

so 350 - 340 = Rs10 is 5%

so 100% = 20 x 10 = Rs.200

So cost of the article = 350 - 200 = Rs.150