What will be the cost price of an item if selling price is Rs. 990 and profit % is 10%.

Options :
  1. 850
  2. 900
  3. 800
  4. none of the above
Answer and Explanation :-

Answer: Option 2

Explanation:

C.P. = (100*S.P.)/(100+P%) = (100*990)/(100+10) = 100*9 = 900 Rs.

How do you rate this queston?  Very Easy  Easy  Average  Above Average  Tough

Previous Question : A cow was bought for Rs.4800 and sold for Rs. 5400. What is profit percent?

Next Question : Overhead is always included in

Click here for online test on Profit and Loss

Responses


 (Getemail alerts when others member replies)







People pay for what they do, and still more for what they have allowed themselves to become. And they pay for it very simply by the lives they lead.
-James Baldwin Go Tell It On The Mountain