A book vendor sold a book at a loss of . Had he sold it for more, he would have earned a profit of . Find out the cost of the book.
- A
- B
- C
- D
Solution & Step-by-step Explanation
Let the cost price () of the book be .
* Initial condition: Sold at loss
* Second condition: Sold at profit
The difference between the two selling prices is given as :
Thus, the cost price of the book is .
* Initial condition: Sold at loss
* Second condition: Sold at profit
The difference between the two selling prices is given as :
Thus, the cost price of the book is .