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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?

Answer»

Let ORIGINAL COST PRICE is x

Its SELLING price = (105/100) * x = 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 = (105/100) * x = 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.



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