If a seller reduces the selling price of an item from Rs. 400 to Rs. 380, his loss increases by 2%. What is the cost price of the item?

If a seller reduces the selling price of an item from Rs. 400 to Rs. 3

1.	If a seller reduces the selling price of an item from Rs. 400 to Rs. 380, his loss increases by 2%. What is the cost price of the item?
A.	Rs. 1,000
B.	Rs. 800
C.	Rs. 1,200
D.	Rs. 1,100
Answer» B. Rs. 800

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If a seller reduces the selling price of an item from Rs. 400 to Rs. 380, his loss increases by 2%. What is the cost price of the item?

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