By selling on book for ₹250, loss percentage is 10%. What is the cost price?
Answer & explanation
Correct answer: option 1
selling one book for ₹250, loss percentage is 10%
Loss% = Loss*100/CP = (CP-SP)*100/CP
10 CP = (CP- 250)*100
10 CP = 100 CP - 25000
90 CP = 25000
CP = 277.7
The correct answer is Option (1) → 277.7