Question

the profit earned by A shopkeeper by selling a bucket at a gain of 8% is rupees 28 more than Who sells it at a loss of 8% find the cost price of the tub bucket

Answer 1

let the cp
Let the CP be Rs. 'x'
Then the SP at 8 % profit = x + 8x/100 = 108x/100
And the SP at 8 % loss = x - 8x/100 = 92x/100
Now, according to the question.
108x/100 - 92x/00 = 28
16x/100 = 28
16x = 2800
x = 2800/16
x = 175
So, the CP is Rs. 175