Multiple choice

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

  1. Rs. 13.20

  2. Rs. 16.50

  3. Rs. 12.30

  4. Rs. 13.50
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Loss of 10% means selling price is 90% of cost price. 0.9 * 15 = 13.50.

AI explanation

Using the selling price formula for a loss, Selling Price equals Cost Price multiplied by (100 - Loss Percentage) divided by 100. Given the cost price is Rs. 15 and the loss is 10%, the calculation is 15 * 90 / 100. This gives a selling price of Rs. 13.50.

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