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    4. Profit and loss
    5. A trader sold 4 identical notebooks for Rs. 104 and earned a profit of 30%. What is the cost price o

    Question

    A trader sold 4 identical notebooks for Rs. 104 and earned

    a profit of 30%. What is the cost price of 6 such notebooks?
    A 125 Correct Answer Incorrect Answer
    B 118 Correct Answer Incorrect Answer
    C 120 Correct Answer Incorrect Answer
    D 190 Correct Answer Incorrect Answer

    Solution

    ATQ,
    Cost price of 4 notebooks = 104 ÷ 1.3 = Rs. 80

    Cost price of 6 notebooks = 80 × (6 ÷ 4) = Rs. 120

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