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Question 131
A person sells an article for Rs. 890 at a loss of 11%. What will he the price of article when sold at a profit of 10% ?
Solution
Let Cost price be Rs. 'p'.
Selling price when sold at 11% loss = Rs.890.
$$0.89\times{p}=890$$.
$$p = 1000$$.
Selling price when sold at 10% profit = $$1000\times1.1$$.
=Rs.$$1100$$.
Hence, Option A is correct
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