Question

Find the selling price, if cost price = ₹900 and profit = 10%.

• A. ₹1000
• B. ₹950
• C. ₹990
• D. ₹900

Answer 1

The correct option is C ₹990

Given that,
Cost price = ₹900
Profit = 10%
$\text{Profit percent}=\frac{Profit}{C.P}\times 100$

$\Rightarrow 10=\frac{Profit}{900}\times 100$

Profit = ₹90
Profit = S.P - C.P = ₹90
S.P - ₹900 = ₹90
S.P = ₹990
So, the selling price is ₹990.