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If a product is sold for $150 after a loss of 10%, what was the cost price?

Practice Questions

Q1
If a product is sold for $150 after a loss of 10%, what was the cost price?
  1. $135
  2. $140
  3. $145
  4. $150

Questions & Step-by-Step Solutions

If a product is sold for $150 after a loss of 10%, what was the cost price?
  • Cost Price and Selling Price – Understanding the relationship between cost price, selling price, and profit/loss percentages.
  • Percentage Calculations – Calculating percentages and their impact on financial figures.
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