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An article when sold at a profit of 5% yields Rs 50 more than when sold at a loss of 5%. What was the cost price of the article?
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  • mhanifa

    Answer:

    Rs. 500

    Step-by-step explanation:

    CP= x

    SP at 5% profit= 1.05x

    SP at 5% loss= 0.95x

    The difference= Rs. 50

    • 1.05x- 0.95x= 50
    • 0.1x= 50
    • x= 50/0.1
    • x= 500

    CP is Rs. 500

  • AnonymousHelper1807

    Answer:

    Rs 500

    Step-by-step explanation:

    Profit = 5%

    Loss = 5%

    For CP

    Profit = 1.05x

    Loss = 0.95x

    Given Condition:

    Let CP be x

    1.05 x = 50 + 0.95x

    => 1.05x-0.95x = 50

    => 0.1 x = 50

    Dividing both sides by 0.1

    => x = Rs 500