Banking Exams Quant — Question 1790
Question
By selling an article for ₹720 a shopkeeper incurs a loss of 10%. What is the cost price?
- ₹780
- ₹792
- ₹800
- ₹810
Correct answer
C — ₹800
Explanation (English)
SP = 90% of CP → 0.90 × CP = 720 → CP = 720 ÷ 0.9 = ₹800.
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