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Question

If a man Reduces the selling price of a fan from Rs.400 to Rs.380. his loss increases by 2% the cost price of fan is :

Options:
A .  Rs 480
B .  Rs 500
C .  Rs 600
D .  Rs 800
E .  None of these
Answer: Option D
 -    Let C.P be Rs. x 
  Then, 2% of x = (400-380) = 20
 
  => x/50 =20
 
  => x = 1000

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