CAT Exam  >  CAT Questions  >  By selling an article for Rs 360, the loss in... Start Learning for Free
By selling an article for Rs 360, the loss incurred is 10%. At what minimum price should he sell that article to avoid loss?
  • a)
    Rs 320
  • b)
    Rs 324
  • c)
    Rs 396
  • d)
    Rs 400
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
By selling an article for Rs 360, the loss incurred is 10%. At what mi...
  1. Given:
    • Selling Price (S.P.) = Rs 360
    • Loss Percentage = 10%
  2. To find the Cost Price (C.P.): The loss incurred is 10%, meaning the selling price is 90% of the cost price.
    S.P.=0.90×C.P     
    360=0.90×C.P
  3. Solving for C.P.:
    C.P.=360/0.90=400
  4. To avoid a loss, the article must be sold at its cost price, which is Rs 400.
Answer: d) Rs 400.
Explore Courses for CAT exam
Question Description
By selling an article for Rs 360, the loss incurred is 10%. At what minimum price should he sell that article to avoid loss?a)Rs 320b)Rs 324c)Rs 396d)Rs 400Correct answer is option 'D'. Can you explain this answer? for CAT 2025 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about By selling an article for Rs 360, the loss incurred is 10%. At what minimum price should he sell that article to avoid loss?a)Rs 320b)Rs 324c)Rs 396d)Rs 400Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for By selling an article for Rs 360, the loss incurred is 10%. At what minimum price should he sell that article to avoid loss?a)Rs 320b)Rs 324c)Rs 396d)Rs 400Correct answer is option 'D'. Can you explain this answer?.
Solutions for By selling an article for Rs 360, the loss incurred is 10%. At what minimum price should he sell that article to avoid loss?a)Rs 320b)Rs 324c)Rs 396d)Rs 400Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
Here you can find the meaning of By selling an article for Rs 360, the loss incurred is 10%. At what minimum price should he sell that article to avoid loss?a)Rs 320b)Rs 324c)Rs 396d)Rs 400Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of By selling an article for Rs 360, the loss incurred is 10%. At what minimum price should he sell that article to avoid loss?a)Rs 320b)Rs 324c)Rs 396d)Rs 400Correct answer is option 'D'. Can you explain this answer?, a detailed solution for By selling an article for Rs 360, the loss incurred is 10%. At what minimum price should he sell that article to avoid loss?a)Rs 320b)Rs 324c)Rs 396d)Rs 400Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of By selling an article for Rs 360, the loss incurred is 10%. At what minimum price should he sell that article to avoid loss?a)Rs 320b)Rs 324c)Rs 396d)Rs 400Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice By selling an article for Rs 360, the loss incurred is 10%. At what minimum price should he sell that article to avoid loss?a)Rs 320b)Rs 324c)Rs 396d)Rs 400Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice CAT tests.
Explore Courses for CAT exam

Top Courses for CAT

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev