Question

A salesman has the liberty to sell a hair dryer in his store at a price between Rs. 300 and Rs. 700. Profit earned by selling the hair dryer for Rs. 650 is twice the loss incurred when it is sold for Rs. 350. What is the cost price of the hair dryer? *

Answer 1

Answer:

₹450

Step-by-step explanation:

I used a little logic & reasoning. So no formula, explanation.