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By selling a book for Rs. 10, the publis...

By selling a book for Rs. 10, the publisher loses `(1/11)` of what it costs him. His cost price is -

A

Rs. 9

B

Rs. 10

C

Rs. 11

D

Rs. 12

Text Solution

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The correct Answer is:
To find the cost price of the book, we can follow these steps: ### Step 1: Understand the Loss The problem states that the publisher sells the book for Rs. 10 and incurs a loss of \( \frac{1}{11} \) of the cost price (CP). ### Step 2: Set Up the Equation Let the cost price be \( CP \). The loss incurred is given by: \[ \text{Loss} = \frac{1}{11} \times CP \] ### Step 3: Relate Selling Price (SP) to Cost Price (CP) The selling price (SP) is given as Rs. 10. Since the publisher incurs a loss, we can express the relationship between SP, CP, and Loss: \[ SP = CP - \text{Loss} \] Substituting the loss from Step 2 into this equation gives: \[ 10 = CP - \frac{1}{11} \times CP \] ### Step 4: Simplify the Equation To simplify the equation, we can factor out \( CP \): \[ 10 = CP \left(1 - \frac{1}{11}\right) \] Calculating \( 1 - \frac{1}{11} \): \[ 1 - \frac{1}{11} = \frac{11}{11} - \frac{1}{11} = \frac{10}{11} \] Now the equation becomes: \[ 10 = CP \times \frac{10}{11} \] ### Step 5: Solve for Cost Price (CP) To find \( CP \), we can multiply both sides by \( \frac{11}{10} \): \[ CP = 10 \times \frac{11}{10} = 11 \] ### Conclusion Thus, the cost price of the book is Rs. 11.
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