Profit and Loss Practice Test 6

Question : 27 of 40

Marks: +1, -0

A book vendor sold a book at a loss of 10%. Had he sold it for Rs 108 more, he would have earned a profit of 10%. Find the costs price of the book.

Solution:

\table CP,SP;x,x-10%\;\of \; x;,x-10/100x=9/10x

According to the statement

9/10x+108=x+x/10

9x+1080=11x

x=540

The cost price of the book is Rs 540

Go to Question:

Prev Question

Next Question