A merchant buys an article for Rs. 27 and sells it at a profit of 10 percent of the selling price. The selling price of the article is -
A. Rs. 29.70
B. Rs. 30
C. Rs. 32
D. Rs. 37
Answer: Option B
Solution(By Examveda Team)
$$\eqalign{ & {\text{Let the S}}{\text{.P}}{\text{. be Rs}}{\text{. }}x. \cr & {\text{Then,}} \cr & = x - 10\% {\text{ of }}x = 27 \cr & \Leftrightarrow 90\% {\text{ of }}x = 27 \cr & \Leftrightarrow x = \left( {27 \times \frac{{10}}{9}} \right) \cr & \,\,\,\,\,\,\,\,\,\,\,\, = 30 \cr} $$Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
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