Home » Aptitude » Profit and Loss » Question
  1. If an article is sold at 5% gain instead of 5% loss, the man gains $ 5 more. Find the cost price of that article
    1. $ 100
    2. $ 105
    3. $ 50
    4. $ 110
Correct Option: C

Let the C.P. be 100% .
∴ (5% + 5%) = 5 [Being 5% gain]
⇒ 10% = 5

1 % =
5
10

100 % =
5
× 100 = $ 50
10

We can find required answer with the help of given formula :
Here, a = 5%, R = $ 5, b = 5%
C.P. =
R × 100
b + a

C.P. =
5 × 100
= $ 50
5 + 5



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