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Question 1:
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 A. Rs. 480
B. Rs. 500
C. Rs. 600
D. Rs. 1000
Feedback Let C.P be Rs.x
Then, 2% of x=(400 - 380)
=20
x/50 = 20
x=1000.
Then, 2% of x=(400 - 380)
=20
x/50 = 20
x=1000.
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