Question

44.) A radio is sold for Rs. 990 at a
profit of 10%. What would have
been the actual profit or loss on
it had it been sold for Rs. 890 ?
(a) Rs. 10 loss (b) Rs. 10 profit
(c) Rs. 90 loss (d) Rs. 90 profit​

Answer 1

Answer:

answer-a

Step-by-step explanation:

Selling price of a radio (SP) = Rs 990

profit (g) = 10%

Let the cost price = CP

CP=SP×100100+g⇒CP=990×100100+10=990×100110=Rs.900Now,CP=Rs.900SP=Rs.890CP>SPHegetsloss=Rs.900−Rs.890=Rs.10