423,716 views
40 votes
40 votes
an article when sold at a profit of 5% yields rupees 50 more than when sold at a loss of 5% what was the cost price of the article​

User Marcovecchio
by
3.1k points

1 Answer

25 votes
25 votes

I'm going to assume that the question should say “at a profit of 5%”.

Restate question in the form of a equation.

Let C = the cost price of the item.

C + 0.705 C = C - 0.05 C + Rs 50

0.05 C = - 0.05 C + Rs 50

0.10 C = Rs 50

C = Rs 500

The cost price of the item is Rs 500

I hope this help you

User Morhook
by
2.6k points