-
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
-
- Rs. 280
- Rs. 200
- Rs. 260
- Rs. 300
Correct Option: B
Let the C.P. of the book be Rs. y.
∴ S.P. of the book = Rs. | 100 |
S.P. of the book = Rs. | 10 |
Case II,
= | + 140 | 100 | 10 |
⇒ | - | = 140 | 10 | 10 |
⇒ | = 140 ⇒ 7y = 1400 | 10 |
⇒ y = | = Rs. 200 | 7 |