A book vendor sold a book at loss of 10%. Had he sold it for Rs. 108 more, he…
2025
A book vendor sold a book at loss of 10%. Had he sold it for Rs. 108 more, he would have earned a profit of 10%. Find the cost of the book.
- A.
Rs. 442
- B.
Rs. 540
- C.
Rs. 648
- D.
Rs. 740
Show answer & explanation
Correct answer: B
For a cost price CP, selling at a loss of l% gives a selling price of CP × (1 − l/100), while selling at a profit of p% gives CP × (1 + p/100). The difference between these two hypothetical selling prices always equals CP × (p + l)/100 — the combined percentage swing between the loss and profit outcomes.
Let the cost price be Rs. x.
A loss of 10% gives a selling price of 0.9x.
A profit of 10% gives a selling price of 1.1x.
The difference between the two selling prices is 1.1x − 0.9x = 0.2x, and this equals Rs. 108.
Solving 0.2x = 108 gives x = 540.
Check: at x = Rs. 540, the loss-price is 0.9 × 540 = Rs. 486 and the profit-price is 1.1 × 540 = Rs. 594; their difference, 594 − 486 = Rs. 108, matches the given data, confirming the cost price.