A shopkeeper sells an item at a 10% loss. Had he sold it
for 40 more, he would have gained 10%. Find the cost price of the item
A220Correct AnswerIncorrect Answer
B200Correct AnswerIncorrect Answer
C213Correct AnswerIncorrect Answer
D266Correct AnswerIncorrect Answer
Solution
ATQ, Let the cost price be 100x Selling price at 10% loss = 90x Selling at 10% profit = 110x According to the question- 110x-90x = 40 20x = 40 X = 2 Cost price = 100x = 200
