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Aptitude · Q222

Profit And Loss

Competitive Exams · Aptitude · question 222

Q222

A bookseller sells a book at a profit of 10% . If he had bought it at 4% less and sold it for Rs. 6 more, he would have gained 183/4 %. The cost price of the book is -

A bookseller sells a book at a profit of 10% . If he had bought it at 4% less and sold it for Rs. 6 more, he would have gained %. The cost price of the book is -
A.
Rs. 130
B.
Rs. 140
C.
Rs. 150
Answer
D.
Rs. 160

Answer: Option C

Solution

Answer: Option C
Solution:
Let C.P. of the book be Rs. 100
Profit = 10%. S.P. = Rs. 110
New C.P. = 4% less = Rs. 96
If gain is

Difference in S.P. = Rs. (114 - 110) = Rs. 4
If difference in S.P. is Rs. 4, C.P. = Rs. 100
If difference in S.P. is Rs. 6,