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Question

The selling price of goods which cost Rs.10 and were sold at a gain of 10% is:

A
Rs. 12
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B
Rs. 10
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C
Rs. 11
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D
Rs. 15
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Solution

The correct option is C Rs. 11
Cost price pf goods is Rs.10
Profit = 10%of Rs.10=Rs. 1
Selling price of goods = Cost price +profit
Selling price of good =Rs. 10+Rs. 1=Rs. 11

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