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A person sells an article for Rs. 890 at a loss of 11%. What will he the price of article when sold at a profit of 10% ?
- ARs. 1100
- BRs. 1010
- CRs. 1200
- DRs. 1150
Answer not set
Discussion 1
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Solution
Let Cost price be Rs. 'p'.
Selling price when sold at 11% loss = Rs.890.
$0.89\times{p}=890$.
$p = 1000$.
Selling price when sold at 10% profit = $1000\times1.1$.
=Rs.$1100$.
Hence, Option A is correct
Let Cost price be Rs. 'p'.
Selling price when sold at 11% loss = Rs.890.
$0.89\times{p}=890$.
$p = 1000$.
Selling price when sold at 10% profit = $1000\times1.1$.
=Rs.$1100$.
Hence, Option A is correct