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A man gets Rs 13 more by selling an arti...

A man gets Rs 13 more by selling an article at a profit of 12 `1/2` % and than selling it at a loss of 12 `1/2`%. The cost price of the article is:

A

25.5

B

38

C

52

D

65

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we need to find the cost price (CP) of an article based on the information given about selling it at a profit and a loss. ### Step-by-Step Solution: 1. **Understanding the Profit and Loss Percentages**: - The man sells the article at a profit of 12.5% and at a loss of 12.5%. - Profit of 12.5% means he sells it for 112.5% of the cost price. - Loss of 12.5% means he sells it for 87.5% of the cost price. 2. **Setting Up the Equations**: - Let the cost price of the article be \( CP \). - Selling price at a profit of 12.5%: \[ SP_{profit} = CP + 0.125 \times CP = 1.125 \times CP \] - Selling price at a loss of 12.5%: \[ SP_{loss} = CP - 0.125 \times CP = 0.875 \times CP \] 3. **Finding the Difference in Selling Prices**: - According to the problem, the difference between the selling price at profit and the selling price at loss is Rs 13: \[ SP_{profit} - SP_{loss} = 13 \] - Substituting the selling prices: \[ 1.125 \times CP - 0.875 \times CP = 13 \] 4. **Simplifying the Equation**: - Combine the terms: \[ (1.125 - 0.875) \times CP = 13 \] \[ 0.25 \times CP = 13 \] 5. **Calculating the Cost Price**: - To find \( CP \), divide both sides by 0.25: \[ CP = \frac{13}{0.25} = 52 \] 6. **Conclusion**: - The cost price of the article is Rs 52. ### Final Answer: The cost price of the article is Rs 52.
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