Profit earned by a shopkeeper by selling a bucket at a gain of 8 % is Rs., 28 more than when he sell

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7.Profit and Loss

medium

The profit earned by a shopkeeper by selling a bucket at a gain of $8 \%$ is $Rs.\, 28$ more than when he sells it at a loss of $8 \% .$ The cost price (in Rupees) of the bucket is

A

$170$

B

$190$

C

$175$

D

$165$

Solution

$16 \%$ C.P $=28$

$CP =\frac{28}{16} \times 100$

$=Rs. 175$

Standard 13

Quantitative Aptitude

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