If an item is sold for Rs., 924 then there is a profit of 10 % then cost price in % ?

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7.Profit and Loss

medium

If an item is sold for $Rs.\, 924$ then there is a profit of $10 \%$ then what is the cost price in $\%$?

A

$840$

B

$860$

C

$880$

D

$900$

Solution

Here, Profit$\%$ $=10 \%$

$\Rightarrow \frac{10}{100}=\frac{S P-C P}{C P} \Rightarrow \frac{1}{10}=\frac{924-C P}{C P}$

$11 CP =9240 \Rightarrow CP = Rs .840$

Standard 13

Quantitative Aptitude

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