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 $