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Question : A merchant loses 10% by selling an article. If the cost price of the article is Rs. 15, then the selling price of the article is:

Option 1: Rs. 13.20

Option 2: Rs. 16.50

Option 3: Rs. 12.30

Option 4: Rs. 13.50


Team Careers360 4th Jan, 2024
Answer (1)
Team Careers360 9th Jan, 2024

Correct Answer: Rs. 13.50


Solution : Given: A merchant loses 10% by selling an article.
The cost price (CP) of the article is Rs. 15.
The selling price = $\frac{100-10}{100}$ × CP = $\frac{9}{10}×15$ = $\frac{135}{10}$ = Rs. 13.50
Hence, the correct answer is Rs. 13.50.

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