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By selling cloth at Rs. 9 per metre, a shopkeeper loses 10%. Find the rate at which it should be sold so as to earn profit of 15%.
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- Rs.11.20
- Rs.11.30
- Rs.11.40
- Rs.11.50
Correct Option: D
Let the C.P. of cloth be Rs. y per metre.
According to the question
| y × | = 9 | 100 |
| ⇒ y = | = 10 | 90 |
To gain 15%,
| S.P. = Rs. |  |  | = Rs. 11.50 per metre | |||
| 100 |
