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Profit and Loss

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  1. The cost price of an article, which on being sold at a gain of 10% yields Rs. 6 more than when it is sold at a loss of 10% is ?
    1. Rs. 30
    2. Rs. 25
    3. Rs. 24
    4. Rs. 20
Correct Option: A

10% profit - 10% loss = 6
⇒ 20% of cost price = Rs. 6
⇒ Cost Price = (6 x 100)/ 20 = Rs. 30.


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