SSC CPO SI and ASI 2016 Paper

Question : 127 of 200

Marks: +1, -0

A man sells an article at 5% above the cost price. If he had bought it at 5% less than what he paid for it and sold it for Rs. 2 less, he would have gained 10%. The cost price of the article is

Rs.250
Rs. 400
Rs. 200
Rs. 350

Validate

Solution:

(2) Let the cost price of the article be Rs. x, then
110

\%

of 95

\%

x=(105 \%

x)-2

{110}/{100} ×{95}/{100}× x= ( {105}/{100} × x\ )-2

10450 x=10500 x-20000

⇒ x= {20000}/{50}=Rs. 400

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