Question

Mrs Shakya sold a jewellery at a loss of 5%.If she had sold it at Rs,5200 more she would have gained 8% .Find the cost price of the jewellery.

Answer 1

Answer:

40,000

Step-by-step explanation:

Given that:

Percentage Cost price of jewelry = 100%

Jewelery was sold at loss of 5% = (100%- 5%) = 95%

If sold at 5200 more ; profit made = 8%

That is ; (100% + 8%) = 108%

Difference between loss percentage and profit percentage = change in price sold

(108% - 95%) = 5200

13% = 5200

If ;

0.13 = 5200

The percentage cost price = 100% will be;

0.13 = 5200

1 = x

0.13x = 5200

x = 5200 / 0.13

x = 40,000