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Mohan sold a book at a loss of 40%. If the selling price had been increased.........What was the cost price of the book?

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Mohan sold a book at a loss of 40%.
If the selling price had been increased by Rs. 200, there would have been a gain of 10%.
What was the cost price of the book?

posted Nov 5, 2020 by Prithvi

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2 Answers

0 votes

Rs. 400
.
Rs. 200 = 50% of the cost price.
Book cost price = Rs. 400

answer Nov 5, 2020 by Jcm
0 votes

Let X = Cost Prize
Mohan sold the book at X x (1-0,4) = X x 0,6
Then,
X x 0,6 + 200 = X x 1,1
Solving the equation, X = 400 Rs

answer Nov 13, 2020 by anonymous
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