Question

Rajini sold a pressure cooker at $8\%$ loss has she bought it at $10\%$ less and sold for $Rs.176$ more she would have gained $20\%$ find the $CP.$

Answer 1

Let the cost price $CP=100$

then selling price $SP=100\times 0.92=92$

if bought at 10% loss then CP=90

and $SP=90\times 1.20=108$

the difference is $16(108-92)$ when $CP$ $100$

so$,$ difference will be $176$ when $CP$ will be $1100$