Question

8. An article whose cost price was 70 was sold at a
gain of 10%. What was the selling price ?
(A) 80
(B) 90
(C) 110e​

Answer 1

Answer:

₹77

Explanation:

C.P= ₹70

gain= 10%

therefore

S.P. =

$\frac{c.p. \times (100 + gain\%)}{100}$

$s.p = \frac{70 \times (100 + 10)}{100}$

$= \frac{70 \times 110}{100}$

= ₹7×11

= ₹77