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    Question

    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

    A 220 Correct Answer Incorrect Answer
    B 200 Correct Answer Incorrect Answer
    C 213 Correct Answer Incorrect Answer
    D 266 Correct Answer Incorrect 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

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