Multiple Choice Questions on If a man reduces the selling price of a fan from Rs 400 to Rs 380 his loss increases by 2 The cost p........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

If a man reduces the selling price of a fan from Rs 400 to Rs 380 his loss increases by 2 The cost p...........

Quantitative Aptitude ( CCS) Profit and loss
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    If a man reduces the selling price of a fan from Rs. 400 to Rs. 380, his loss increases by 2%. The cost price of the fan is

    Rs. 480

    Incorrect Answer

    Rs. 500

    Incorrect Answer

    Rs. 600

    Incorrect Answer

    none of these

    Correct Answer
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    Explanation:

    If a man reduces the selling price of a fan from Rs. 400 to Rs. 380, his loss increases by 2%
    therefor cost price
    =>cp*2/100=20
    =>cp=1000

    By: MIRZA SADDAM HUSSAIN
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