The price of a box and a pen is Rs.60. The box was sold at a 40% profit and the pen at a loss of 10%. If the Shop keeper gains Rs.4 in the whole transaction, then how much is the cost price of Box?
A
Rs. 10
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B
Rs. 30
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C
Rs. 20
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D
Rs. 40
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E
None of the Above
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Solution
The correct option is C Rs. 20 Let the cost of the box be x, so the cost of pen will be (60-x) (1.4x+0.9(60−x))=64⇒x=20