If the selling price of a shirt is reduced from 440 to ₹410, the loss increases by 4%. What is the cost price of the shirt?
Answer & explanation
Correct answer: option 2
The selling price of a shirt is reduced from 440 to ₹410, the loss increases by 4%
Means,
Direct concept =
Reduction in Selling price = Given loss increased on CP
640 - 610 = 4% of CP
30 = 4% of CP
100% of CP = 750