If a shopkeeper reduces the selling price of a fan from ₹800 to ₹780, his loss increases by 2%. The cost price is:

Question

If a shopkeeper reduces the selling price of a fan from ₹800 to ₹780, his loss increases by 2%. The cost price is:

1. A. ₹1000 (Correct answer)
2. B. ₹1200
3. C. ₹1500
4. D. ₹900

Correct Answer

Option A — ₹1000

Detailed Solution & Explanation

The correct answer is ₹1000.

Key Points

• A decrease of ₹20 in SP increases loss by 2% → ₹20 = 2% of CP → CP = ₹1000.

प्रश्न (हिन्दी में)

यदि दुकानदार पंखे का विक्रय मूल्य ₹800 से ₹780 कर देता है, तो उसकी हानि 2% बढ़ जाती है। क्रय मूल्य है:

1. A. ₹1000
2. B. ₹1200
3. C. ₹1500
4. D. ₹900