An article is sold for Rs 900 at a loss of 10%. What is its cost price?

Answer and explanation

Correct answer: B. Rs 1000

  1. Step 1: Selling price = cost price x (100 - 10)/100, so cost price = 900 x 100/90.
  2. Step 2: Cost price = 1000.
Answer
Rs 1000.

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