Question

A merchant buys an article for 27 and sells it at a profit of 10% of the selling price. The selling price of the article is :

• A. 29.70
• B. 30
• C. 37
• D. 32

Answer 1

Answer:

A. 29.70

A merchant buys an article for 27 CP = 100% = 27 Sells it at a profit of 10% of the selling price SP = 110% = 27 × 110/100 = 29.70