A merchant sells an item at 10% loss. If he sells for Rs. 50 more, he gains 10%. Find CP.

A200

B250

C300

D500

Explanation

0.9x + 50 = 1.1x => 0.2x = 50 => x = 250.

Exam Relevance

Topic: Profit and Loss
Subtopic: Cost Price

Submitted by: mcqstutor Team More Mathematics MCQs →