Word Problem 16 (Profit or loss in business)
Problem 16: A man losses 13% by selling a book at a certain price.If had sold it for Rs 9.75 more, he would have gained 26%. Find the cost price of the book.
a. Rs 25 b. Rs 10 c. Rs 30 d. Rs 50
( basic arithematics for jobs)
GRE arithmetic questions and answers
Loss = 13%
Selling Price = Rs 9.75 more
Cost price= ?
We start by supposing that;
Above two must be equale;
So, the total cost of the article is Rs 25, So option ‘a’ is correct.
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