Mathematics
Renu sold an article at a loss of 8 percent. Had she bought it at 10% less and sold for ₹ 36 more, she would have gained 20%. Find the cost price of the article.
Profit, Loss & Discount
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Answer
Let the C.P. of the article be ₹ .
Loss% = 8%
As we know
And
When C.P. of the article is 10% less.
The gain % = 20%.
As we know
And
Difference in Selling Price = ₹ 108 - ₹ 92 = ₹ 16
Applying unitary method:
When sold for ₹ more, the C.P. of the article = ₹ .
When sold for ₹ more, the C.P. of the article = ₹ .
Hence, cost price of the article = ₹ .
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