Multiple choice

If an article is sold at a gain of 6% instead of a loss of 6%, the seller gets Rs. 6 more. What is the cost price of the article?

  1. Rs. 18

  2. Rs. 36

  3. Rs. 42

  4. Rs. 50
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Let CP be x. Gain of 6% means SP = 1.06x. Loss of 6% means SP = 0.94x. The difference is 1.06x - 0.94x = 0.12x. Given 0.12x = 6, then x = 6 / 0.12 = 50.

AI explanation

Using the concept of profit and loss differences, the total percentage difference between a 6% gain and a 6% loss is 12%. This 12% difference in value is given as Rs. 6. Set up the equation 12% of Cost Price equals 6 to find the cost price. The cost price is calculated as 50.

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