When Bablu decreases the selling price of the shoes from Rs. 360 to Rs. 345, his loss increases by 4%. The cost price of
the shoes is :
A. Rs. 275
B. Rs. 375
C. Rs. 425
D. Rs. 450
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Step-by-step explanation:
McKnight and the government has said it will take time for
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Answer: The correct option is (B) Rs. 375.
Step-by-step explanation: Given that when Bablu decreases the selling price of the shoes from Rs. 360 to Rs. 345, his loss increases by 4%.
We are to find the cost price of the shoes.
Let Rs. x be the cost price of the shoes.
Decrease in the selling price of the shoes = Rs. (360 - 345) = Rs. 15.
According to the given information, we have
Thus, the cost of the shoes is Rs. 375.
Option (B) is CORRECT.
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