Home » Aptitude » Profit and Loss » Question
  1. A merchant loses 10% by selling an article. If the cost price of the article is $ 15, then the selling price of the article is
    1. $ 13.20
    2. $ 16.50
    3. $ 12.30
    4. $ 13.50
Correct Option: D

Given that , Lose = 10% and Cost price of the article = $ 15

Selling price of article =
(100 – loss%)
× Cost price
100

Selling price of article =
( 100 - 10 )
× 15 =
90 × 15
= $ 13.50
100100



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