If 5% more is gained by selling an article for Rs. 350 than by selling it for Rs. 348, the cost of ...

If 5% more is gained by selling an article for Rs. 350 than by selling it for Rs. 348, the cost of the article is

Answer/Solution

40

Steps/Work

Explanation:
Let C.P. be Rs. x.
Then, 5% of x = 350 - 348 = 2
x/20 = 2 => x = 40
Answer: D

Gain Calculator / Auto Solver

If % more is gained by selling an article for $ than by selling it for $, the cost of the article is

Calculated Answer

40

Step by Step Solution

In order to solve problem, you must evaluate (n₁ - n₂) / (n₀ / 100).

n₀ =	5
n₁ =	350
n₂ =	348

(n₁ - n₂) / (n₀ / 100)
Evaluate n₁ - n₂ = 2
2 / (n₀ / 100)
Evaluate n₀ / 100 = 0.05
2 / 0.05
Evaluate 2 / 0.05 = 40
40
The answer to the problem and the result of (n₁ - n₂) / (n₀ / 100) is 40