RRB ALP 2013 Ques 85
Question: A radio is sold for Rs. 990 at a profit of 10%. What would have been the actual profit or loss on it, had it been sold for Rs.890?
Options:
A) Rs. 10 loss
B) Rs. 10 profit
C) Rs. 90 loss
D) Rs. 90 profit
Show Answer
Answer:
Correct Answer: A
Solution:
- C.P. of radio $ =\frac{990\times 100}{(100+10)}=Rs.900 $
$ \therefore $ Actual loss $ =900-890=Rs.10 $