Profit and Loss Practice Test 5

Question : 33 of 40

Marks: +1, -0

If 5% more is gained by selling price of an article for Rs. 350 than by selling it for Rs. 340, whatis the cost price of the article?

Solution:

Here, 5% = Rs. 10 ⇒ 100% =

10/5 × 100

= Rs. 200
Hence, C.P. = Rs. 200

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