A man purchased a bedsheet for 450 Rs. and sold it at a gain of 10% calculated on the selling price. The selling price of the bedsheet was:
A man purchased a bedsheet for 450 Rs. and sold it at a gain of 10% calculated on the selling price. The selling price of the bedsheet was:
[A]480 Rs.
[B]460 Rs.
[C]500 Rs.
[D]475 Rs.
500 Rs.
Let the SP of the bedsheet be x Rs.
$latex \therefore 450+\frac{10\times x}{100} = x&s=1$
$latex => x- \frac{x}{10} = 450&s=1$
$latex => \frac{9x}{10} = 450&s=1$
$latex => x = \frac{450\times 10}{9} = 500 Rs.&s=1$
Hence option [C] is the right answer.