Question

If a seller got Rs.80 more by selling an article at 5% profit when compared to selling the same article at 5% loss, what was the cost price of the
article?​

Answer 1

Let the C.p article be x

105% of c.p- 95% of C.p= 80

10%=80

100%= 800

C.p = 800

Answer 2

Answer:

The cost price of the article will be equal to Rs.800.

Step-by-step explanation:

Consider the cost price of the article $=Rs.100$

When profit 5% : selling price of the article $= 100 +5=Rs.105$

When loss 5%: selling price = Cost price -loss $=100-5=Rs.95$

Difference between two selling price of same article is:

$=105-95=Rs. 10$

When the difference  of Rs.10 then cost price$=Rs.100$

When difference of Rs.80 then cost price $=\frac{100}{10} *80=Rs.800$