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Question

An article when sold at a gain of 5% yield Rs. 15 more than when sold at a loss of 5 %. Its cost price would be:

A
Rs. 150
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B
Rs. 200
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C
Rs. 250
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D
Rs. 300
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Solution

The correct option is A Rs. 150
Suppose the CP of the article = Rs. 100
I case :
Profit =5%
SP = 100+5 = Rs. 105
II case :
Loss =5%
SP = CP loss = 1005 = Rs. 95
Difference between two SP's
= 10595 = Rs. 10
If the difference = Rs. 10, then CP = Rs. 100
If the difference = Rs. 15, then CP =10010×15= Rs. 150

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