If a person reduces the cost price of a cooker from ₹620 to ₹580, his loss…
2019
If a person reduces the cost price of a cooker from ₹620 to ₹580, his loss increases by 4%. Find the actual cost price of the cooker.
- A.
750 rupees
- B.
1000 rupees
- C.
1250 rupees
- D.
1100 rupees
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Correct answer: B
The difference of ₹40 corresponds to 4% loss change, so 1% = ₹10 and cost price = 1000.
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