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serg [7]
4 years ago
9

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?

Mathematics
2 answers:
Gwar [14]4 years ago
7 0

Answer:

Rs 500

Step-by-step explanation:

Profit = 5%

Loss = 5%

<u><em>For CP</em></u>

Profit = 1.05x

Loss = 0.95x

<u><em>Given Condition:</em></u>

Let CP be x

1.05 x = 50 + 0.95x

=> 1.05x-0.95x = 50

=> 0.1 x = 50

<u><em>Dividing both sides by 0.1</em></u>

=> x = Rs 500

puteri [66]4 years ago
5 0

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

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