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If an article is sold at a gain of 6% in...

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

A

₹106

B

₹ 50

C

₹ 94

D

₹ 100

Text Solution

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The correct Answer is:
To solve the problem step by step, we will follow the reasoning laid out in the video transcript: ### Step-by-Step Solution: 1. **Understanding the Problem**: We know that if an article is sold at a gain of 6% instead of a loss of 6%, the seller gets Rs 6 more. We need to find the cost price (CP) of the article. 2. **Setting Up the Variables**: Let the cost price of the article be Rs X. 3. **Calculating Selling Price with Profit**: When sold at a gain of 6%, the selling price (SP1) can be calculated as: \[ SP1 = CP + 6\% \text{ of } CP = CP \times \left(1 + \frac{6}{100}\right) = X \times \frac{106}{100} = \frac{106X}{100} \] 4. **Calculating Selling Price with Loss**: When sold at a loss of 6%, the selling price (SP2) can be calculated as: \[ SP2 = CP - 6\% \text{ of } CP = CP \times \left(1 - \frac{6}{100}\right) = X \times \left(1 - \frac{6}{100}\right) = X \times \frac{94}{100} = \frac{94X}{100} \] 5. **Setting Up the Equation**: According to the problem, the difference between these two selling prices is Rs 6: \[ SP1 - SP2 = 6 \] Substituting the expressions for SP1 and SP2: \[ \frac{106X}{100} - \frac{94X}{100} = 6 \] 6. **Simplifying the Equation**: Combine the fractions: \[ \frac{106X - 94X}{100} = 6 \] This simplifies to: \[ \frac{12X}{100} = 6 \] 7. **Solving for X**: To find X, multiply both sides by 100: \[ 12X = 600 \] Now, divide both sides by 12: \[ X = \frac{600}{12} = 50 \] 8. **Conclusion**: The cost price of the article is Rs 50. ### Final Answer: The cost price of the article is Rs 50. ---
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  16. A shopkeeper purchased some books from a publication worth Rs 750.Beca...

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  18. A man sold an article at a loss of 20%.If he sells the article for Rs ...

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