Multiple choice

Suresh 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 ?

  1. 280

  2. 200

  3. 260

  4. 300
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Let CP be x. Selling at 30% loss means SP = 0.7x. If sold for Rs. 140 more, SP = 0.7x + 140, which gives 40% profit, so this equals 1.4x. Therefore: 0.7x + 140 = 1.4x, which gives 140 = 0.7x, so x = 140/0.7 = Rs. 200. The cost price of the book is Rs. 200.

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