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  2. If 5% more is gained by selling an article for rs 350 than for rs 340 then cost price of article is
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If 5% more is gained by selling an article for rs 350 than for rs 340 then cost price of article is

Answers (1)
R Ravindra Pindel

Assume cost price of the article CP.

ATQ

Gain % = (SP-CP)x100/CP

5 = (350-CP)x100/CP - (340 -CP)x100/CP

5 = (350- 340) 100/CP

5 = 1000/CP

CP = 1000/5 = Rs 200

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