Question Details

Detailed explanation and options for the selected question.

A trader sells an article at a 10% profit and gains Rs. 110. What is the cost price?

A. Rs. 1100

B. Rs. 1210

C. Rs. 1000

D. Rs. 1200

Explanation:

A 10% profit implies 0.1×CP = 110; hence CP = 110/0.1 = Rs. 1100.