A shopkeeper, on selling a pa for ₹10, loses $$\frac{1}{11}$$ of what it cost him. The cost price of a pan is:​

Correct option is B

Solution:  

According to the question 

$$Loss = \frac{1}{11} \ cost \ price$$  

Let the cost price = 11x 

Then the selling price = 11x - x = 10x 

10x = Rs. 10 , x = 1 

Then cost price of the article = 11x = Rs.11