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On selling on article for Rs. 270 the loss is equal to the profit, if the article is sold at 10% profit. The cost price price of the article is
- ARs. 290
- BRs. 310
- CRs. 300
- DRs. 363
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Let cost price of an article be Rs. A
Profit percentage = 10% = loss percentage
Then,
⇒ 10 = [(A - S.P)/A] × 100
⇒ A = 10A - 10S.P
⇒ S.P = 9A/10
Selling price of an article = Rs. 270
Given,
⇒ 9A/10 = 270
⇒ A = 300
∴ Cost price of an article is Rs. 300.
Profit percentage = 10% = loss percentage
Then,
⇒ 10 = [(A - S.P)/A] × 100
⇒ A = 10A - 10S.P
⇒ S.P = 9A/10
Selling price of an article = Rs. 270
Given,
⇒ 9A/10 = 270
⇒ A = 300
∴ Cost price of an article is Rs. 300.