Home » Aptitude » Profit and Loss » Question
  1. 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
    1. Rs. 280
    2. Rs. 200
    3. Rs. 260
    4. Rs. 300
Correct Option: B

Let the C.P. of the book be Rs. y.

∴ S.P. of the book = Rs.
70y
100

S.P. of the book = Rs.
7y
10

Case II,
140y
=
7y
+ 140
10010

14y
-
7y
= 140
1010

7y
= 140 ⇒ 7y = 1400
10

⇒ y =
1400
= Rs. 200
7



Your comments will be displayed only after manual approval.