By selling an item for Rs. 270, a trader loses 10%. What was the cost price?

Topic: Arithmetic &amp; Percentages
Subtopic: Profit &amp; Loss

ARs. 290

BRs. 300

CRs. 310

DRs. 320

Explanation

Selling Price = CP * (1 – Loss%) => 270 = CP * (1 – 0.10) => 270 = 0.90 * CP => CP = 270 / 0.90 = Rs. 300.

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