-
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
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- 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 |