Question : Ramesh sold a book at a loss of 30%. If he had sold it for Rs. 140 more, he would have made a profit of 40%. The cost price of the book is:
Option 1: Rs. 280
Option 2: Rs. 200
Option 3: Rs. 260
Option 4: Rs. 300
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Correct Answer: Rs. 200
Solution : Loss = 30% of cost price ⇒ Selling price = cost price – loss = 70% of cost price 70% of cost Price + Rs.140 = cost price + profit Profit = 40% of cost price ⇒ 70% of cost price + Rs. 140 = 140% of cost price ⇒ 70% of cost price = Rs. 140 ⇒ Cost price = $\frac{140}{0.7}$ = Rs. 200 Hence, the correct answer is Rs. 200.
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Question : A watch is sold at a profit of 25%. Had it been sold for Rs.120 less then, there would have been a loss of 15%. What is the cost price in rupees?
Option 1: Rs. 400
Option 2: Rs. 350
Option 3: Rs. 200
Question : A dealer sold an article at a loss of 2%. Had he sold it for INR 44 more, he would have gained 20%. Find the cost price of the article.
Option 1: INR 250
Option 2: INR 300
Option 3: INR 400
Option 4: INR 200
Question : The cost of an article is Rs. 200. If 20% profit is made after giving a 20% discount on the marked price, the marked price is:
Option 1: Rs. 300
Option 2: Rs. 320
Option 3: Rs. 420
Option 4: Rs. 450
Question : A horse was sold for Rs. 60,000 at a profit of 20%. For what price should he have sold to gain a 30% profit?
Option 1: Rs. 64,000
Option 2: Rs. 65,000
Option 3: Rs. 50,000
Option 4: Rs. 55,000
Question : A trader sold a cycle at a loss of 10%. If the selling price had been increased by Rs. 200, there would have been a gain of 6%. The cost price of the cycle is:
Option 1: Rs. 1200
Option 2: Rs. 1205
Option 3: Rs. 1250
Option 4: Rs. 1275
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