By selling an article for Rs. 720, a trader incurs a loss of 10%. What was the cost price?

Topic: Profit and Loss
Subtopic: Cost Price Calculation

ARs. 780

BRs. 800

CRs. 820

DRs. 850

Explanation

Selling Price = 0.90 * Cost Price => 720 = 0.90 * CP => CP = 720 / 0.90 = Rs. 800.

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