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      Question

      The difference between 12% gain and 4% loss on sale of

      the item was ₹28. What was the cost price of the item?
      A ₹168 Correct Answer Incorrect Answer
      B ₹175 Correct Answer Incorrect Answer
      C ₹196 Correct Answer Incorrect Answer
      D ₹189 Correct Answer Incorrect Answer

      Solution

      Let the Cp =100 Difference between 12% gain and 4% loss =16% ATQ= 16=28 1=28/16 100= (28/16)×100 =175 Rs.

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