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If an article is sold at a gain of 6% instead of at loss of 6%, then the seller gets ₹ 6 more. The cost price of the article is

Correct Answer: ₹ 50

Explanation:

Let CP of the article be ₹ N,
Then 106% of N - 94% of N = 6
⇒ 12% of N = 6
∴ N = (6 x 100)/12 = ₹ 50


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