A man bought an article and sold it at a gain of 5 %. If he had bought it at 5% less and sold it for Re 1 less, he would have made a profit of 10%. The C.P. of the article was
Let original Cost price is x Its Selling price = x × 105 100 = 21x 20 New Cost price = 95 100 × x = 19x 20 New Selling price = 110 100 × 19x 20 = 209x 200 21x 20 - 209x 200 = 1 x = 200
Let original Cost price is x
Its Selling price = x × 105 100 = 21x 20
New Cost price = 95 100 × x = 19x 20
New Selling price = 110 100 × 19x 20 = 209x 200
21x 20 - 209x 200 = 1
x = 200
1297 MCQ for effective preparation of the test of Profit and Loss of Word Problems section.
Read the MCQ statement: A man bought an article and sold it at a gain of 5 %. If he had bought it at 5% less and sold it for Re 1 less, he would have made a profit of 10%. Th .... of the article was , keenly and apply the method you have learn through the video lessons for Profit and Loss to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 374-13141.