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Question

A shopkeeper who deals in books sold a book at 16% loss. Had she charged an additional Rs.60 while selling it , her profit would have been 14%. Find the cost price, in rupees, of the book ?

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Solution

Let the C.P be x
Then, the selling price S.P =x16x100
=84x100=21x25
Now, if the S.P is 60 more, then the profit is 14%
21x25+60=x+14x100
114x10021x25=60
(5742)x50=60
15x50=60
x=300015=200
, the Cost price C.P =x= Rs.200

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