Q24
ArithmeticPercentage, Profit & Loss
If selling an article for ₹ 990 causes 10% loss on the selling price, find its cost price.
- a.₹ 891
- b.₹ 900
- c.₹ 1,100
- d.₹ 1,089
Answer: (D) ₹ 1,089
Here the loss is 10% of the selling price, i.e. 10% of ₹ 990 = ₹ 99. So the cost price is 990 + 99 = ₹ 1,089. ₹ 1,100 would be the answer if the loss were 10% of the cost price, which is the usual trap.