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A book vendor sold a book at a loss of 20%. Had he sold it for Rs. 108 more, he would have earned a profit of 30%. Find the cost price of the book? 
  • a)
    Rs. 216 
  • b)
    Rs. 648 
  • c)
    Rs. 240 
  • d)
    Rs. 432 
Correct answer is option 'A'. Can you explain this answer?
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A book vendor sold a book at a loss of 20%. Had he sold it for Rs. 108...
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A book vendor sold a book at a loss of 20%. Had he sold it for Rs. 108...
Given:
Loss percentage = 20%
Profit percentage = 30%
Additional selling price = Rs. 108

To find:
Cost price of the book

Solution:
Let the cost price of the book be x.

Selling price of the book at a loss of 20% = x - 0.2x = 0.8x

Selling price of the book at a profit of 30% = x + 0.3x = 1.3x

According to the given conditions,
1.3x = 0.8x + 108

Solving the above equation, we get
x = Rs. 216

Therefore, the cost price of the book is Rs. 216.

Note: The profit or loss percentage can be calculated using the formula:
Profit/Loss percentage = (Profit/Loss amount / Cost price) x 100
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A book vendor sold a book at a loss of 20%. Had he sold it for Rs. 108 more, he would have earned a profit of 30%. Find the cost price of the book?a)Rs. 216b)Rs. 648c)Rs. 240d)Rs. 432Correct answer is option 'A'. Can you explain this answer?
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A book vendor sold a book at a loss of 20%. Had he sold it for Rs. 108 more, he would have earned a profit of 30%. Find the cost price of the book?a)Rs. 216b)Rs. 648c)Rs. 240d)Rs. 432Correct answer is option 'A'. Can you explain this answer? for Teaching 2024 is part of Teaching preparation. The Question and answers have been prepared according to the Teaching exam syllabus. Information about A book vendor sold a book at a loss of 20%. Had he sold it for Rs. 108 more, he would have earned a profit of 30%. Find the cost price of the book?a)Rs. 216b)Rs. 648c)Rs. 240d)Rs. 432Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Teaching 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A book vendor sold a book at a loss of 20%. Had he sold it for Rs. 108 more, he would have earned a profit of 30%. Find the cost price of the book?a)Rs. 216b)Rs. 648c)Rs. 240d)Rs. 432Correct answer is option 'A'. Can you explain this answer?.
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