Question

If a pen is being sold at 4% profit instead of 4% loss the actual profit is Rs 16. What is the actual cost price of the pen?

Select one:
a. 250
b. 200
c. 225
d. 150

Answer 1

b option is right hope it will help you please mark me as brainliest

Answer 2

If a pen is being sold at 4% profit instead of 4% loss the actual profit is Rs 16. What is the actual cost price of the pen

Answer :

Let x be the CP.

(104/100)x - (96/100)x = 16

Solving we get x = Rs.200.