A person sold a TV for Rs. 9400 then he lost a particular amount. When he sold another TV of the same type at Rs. 10600, his gain was double the former loss. What was the cost price of each TV?

Answer: Option A

According to the question,
Given,
Loss = Cost price - 9400 = x ......(i)
Profit = 10600 - Cost price = 2x .......(ii)
Put the value of equation (i) in equation (ii)
∴ 10600 - Cost price = 2
(Cost price - 9400)
10600 - Cost price = 2 Cost Price - 18800
3 Cost price = 29400
$$\begin{array}{rl}& \text{Cost price}=\frac{29400}{3}\\ & =9800\\ & \text{Cost price}=\text{Rs}\text{. 9800}\end{array}$$