Multiple choice

If an article is sold at 5 % gain , instead of 5 % loss, the shopkeeper gets Rs 6.72 more . The cost price of the article is-

  1. Rs. 67.20

  2. Rs. 120.00

  3. Rs. 240.00

  4. Rs. 134.00

  5. Rs. 140.00
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Selling at 5% gain gives SP = 1.05×CP. Selling at 5% loss gives SP = 0.95×CP. The difference is 0.10×CP = Rs 6.72. So CP = 6.72/0.10 = Rs 67.20. The claimed answer A is correct.

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