Latest Tech Mahindra Aptitude Question SOLUTION: An article when sold at a gain of 5% yields Rs. 14 more than when sold at a loss of 2%. The cost price of the article is:

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(#M40165632) TECH MAHINDRA Numerical Ability question Profit and Loss Keep an EYE

An article when sold at a gain of 5% yields Rs. 14 more than when sold at a loss of 2%. The cost price of the article is:

Asked In Tech Mahindra Devendra Marghade (5 years ago)

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harshit choubey  (5 years ago)

Let CP =100%
Also by formula SP%=CP%-loss%
SP%=CP%+Profit%
Thus we have SP%=105%..in profit
SP%=98%...in loss
Thus. (105-98)%=7%
ATGC......7%=14₹
Also let CS=x₹
100%=x₹
x=(100*14)/7
x=200₹

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c.sireesha  (5 years ago)

Let original Cost price is x
Its Selling price = 105/100 * x = 21x/20
New Cost price = 95/100 * x = 19x/20
New Selling price = 110/100 * 19x/20 = 209x/200
[(21x/20) - (209x/200)] = 1

=> x = 200

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