Question

A person sold an article and got a loss of 9%. If he sold it for €51 more he would gain 8%. Find the C.P.

• A. Rs. 400
• B. Rs. 250
• C. Rs. 350
• D. Rs. 300

Answer 1

Answer:

D. Rs. 300

Let the cost price be ₹x.

Loss of 9% ⇒ Selling Price (SP₁) = 0.91x
Gain of 8% ⇒ Selling Price (SP₂) = 1.08x

Given:
SP₂ − SP₁ = 51

So,
1.08x − 0.91x = 51
0.17x = 51

x = 51 ÷ 0.17
x = 300

Cost Price = ₹300