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The profit earned by a shopkeeper by selling a bucket at a gain of 8% is Rs. 28 more than when he sells it at a loss of 8%. The cost price (in Rupees) of the bucket is
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- 170
- 190
- 175
- 165
Correct Option: C
Let the C.P. of bucket be Rs. y.
According to the question,
- | = 28 | ||||
100 | 100 |
⇒ | = 28 | |
100 |
⇒ y = | = Rs. 175 | |
16 |