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

₹1,000

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₹950

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₹990

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₹900

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Solution

The correct option is C ₹990
Given that,
Cost price = ₹900
Profit = 10%
$Profit percent = \frac{P r o f i t}{C . P} \times 100$

$\Rightarrow 10 = \frac{P r o f i t}{900} \times 100$

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

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