# ICSE Class 7 Answered

**an article is sold at 10% gain.if it were sold at 10% loss, the sale price would have been ₹80 less. find purchase price of article**

Asked by marisha.mari999 | 12 Jun, 2020, 09:36: AM

Expert Answer

Let the purchase price or cost price of the article be Rs. x

If the article were sold at 10% loss, the sale price would have been ₹80 less.

Selling price = x - 80

Also, selling price = x - 10% of x = 0.9x

Therefore, x - 80 = 0.9x

x - 0.9x = 80

0.1x = 80

x = 800.

Answered by Renu Varma | 12 Jun, 2020, 12:32: PM

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