Mohan sold a book at a loss of 40%. If the selling price had been increased by Rs. 200, there would have been a gain of 10%. What was the cost price of the book?
Rs. 400 . Rs. 200 = 50% of the cost price. Book cost price = Rs. 400
Let X = Cost Prize Mohan sold the book at X x (1-0,4) = X x 0,6 Then, X x 0,6 + 200 = X x 1,1 Solving the equation, X = 400 Rs
The price of a motorcycle is increased by 25% of cost price then decreased by 40% of the new price. On selling, the loss for the leader was Rs. 5000. At what price was the motorcycle sold?