Question 126

There is 10% loss if an article is sold at Rs. 270. Then the cost price of the article is:

Solution

Given, Selling Price (S.P) = Rs. 270

Let the Cost Price = C.P

Loss % = 10%

$$=$$> $$10=\frac{C.P-270}{C.P}\times100$$

$$=$$> $$C.P=10C.P-2700$$

$$=$$> $$9 C.P=2700$$

$$=$$> $$C.P=300$$

$$\therefore\ $$Cost Price of the article = Rs. 300

Hence, the correct answer is Option C

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