Multiple choice

Subash sells an article at 5% above its cost price. If he had bought it at 5% less than what he paid for it and sold it Rs. 5 less, he would have gained 10%. Find the cost price of the article. सुभाष एक वस्तु को इसके क्रय मूल्य से 5% अधिक पर बेचता है। यदि वह इसे 5% कम पर खरीदता और 5 रू. कम में बेचता। वह 10% का लाभ प्राप्त करता। वस्तु का क्रय मूल्य ज्ञात कीजिए।

  1. Rs. 2000

  2. Rs. 6000

  3. Rs. 800

  4. Rs. 1000

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Let CP = x. Original SP = 1.05x. New CP = 0.95x, new SP = 1.05x - 5. Gain = 10% on new CP: (1.05x - 5) = 1.10 * 0.95x = 1.045x. Solving: 1.05x - 5 = 1.045x, so 0.005x = 5, x = 1000. The profit percentages are on different cost prices, which creates the equation.