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

Rs. 30
Rs. 25
Rs. 20
Rs. 24

Correct Answer: Rs. 25

Explanation:

Let the C.P. be Rs. x
Then, S.P. when gain is 12% = 12x / 100
∵ 112x / 100 - 88x / 100 = 6
⇒ 24x / 100 = 6
⇒ x = 600 / 24 = Rs. 25

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