Home » Aptitude » Profit and Loss » Question
  1. By selling a table for $ 350 instead of $ 400, loss percent increases by 5%. The cost price of the table is :
    1. $ 1050
    2. $ 417.50
    3. $ 435
    4. $ 1000
Correct Option: D

Here , Difference of SP = $ (400 – 350) = $ 50
Now, According to question ,
∴ 50 = 5% of CP

⇒ 50 =
5 × CP
100

⇒ CP =
50 × 100
= $ 1000
5



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