By selling a pen for Rs. 26, a man loses one-fourteenth of what is costs him. The cost price of the pen is:
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. Rs. 28.
Let the CP of the pen be Rs. y
According to question,
y - 26 = y × 1/14
⇒ 14x - 364 = y
⇒ 13y = 364
y = 28
Cost Price of the pen is Rs.28