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. 180

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Rs. 500

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Rs. 600

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Rs. 700

No worries! We‘ve got your back. Try BYJU‘S free classes today!

None of these

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is E
None of these

Let C.P. be Rs. x. Then, 2% of x = (400 - 380) = 20 $⟹$ $\frac{x}{50}$ = 20 $⟹$ x = 1000.

Suggest Corrections

Similar questions

Q. On selling a fan for Rs 2585 a man gains

\frac{1}{10}

of its cost price. Find the cost price of tha fan.

On selling an exhaust fan for $R s . 7350,$ a man gains $\frac{1}{6}$ of its cost price. Find the cost price of the fan.

A man purchases two fans for $R s . 2160.$ By selling one fan at a profit of $15 %$ and the other at a loss of $9 %$ he neither gains nor losses in the whole transaction. Find the cost price of each fan.

Q. A person sells two fans for Rs. 6800. The cost price of the first fan is equal to the selling price of the second fan. If the first is sold at 30% loss and the second at 100% gain, what is total profit or loss (in rupees)?

Q. By selling an article for Rs.

144

, a man loses

{(\frac{1}{7})}^{t h}

of its cost price. By selling it for Rs.

168

, his gain or loss is.

Join BYJU'S Learning Program

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:

The correct option is E None of these Let C.P. be Rs. x. Then, 2% of x = (400 - 380) = 20 ⟹ x50= 20 ⟹ x = 1000.

The correct option is E
None of these

Let C.P. be Rs. x. Then, 2% of x = (400 - 380) = 20 $⟹$ $\frac{x}{50}$ = 20 $⟹$ x = 1000.