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Profit and Loss

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  1. The cost price of an article, which on being sold at a gain of 12% yields Rs. 6 more then when it is sold at a loss of 12% is ?
    1. Rs. 30
    2. Rs. 25
    3. Rs. 20
    4. Rs. 24
Correct Option: B

Let the C.P. be Rs. x
Then, S.P. when gain is 12% = 12x / 100
∵ 112x / 100 - 88x / 100 = 6
⇒ 24x / 100 = 6
⇒ x = 600 / 24 = Rs. 25


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