general math MCQ #490

The cost price of an article which on being sold at a gain of 12 % yields Rs. 6 more than when it is sold at a loss of 12 % is:

general math MCQ #490

  1. Question 1

    Q1. The cost price of an article which on being sold at a gain of 12 % yields Rs. 6 more than when it is sold at a loss of 12 % is:

    • A) Rs. 30
    • B) Rs. 25
    • C) Rs. 24
    • D) Rs. 20

    Answer: Rs. 25

    Explanation: Selling at 12% gain gives 6 more than selling at 12% loss, so 0.24 × CP = 6, hence CP = Rs. 25.