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Earlier discussion
1 older comment kept for context.
Ali Benjamin
Let's call the cost price "x".
Since the profit is 10% of the cost price, the profit amount is 10% of x, which is 0.10x.
The selling price is ₦11,000, which is the sum of the cost price and the profit:
₦11,000 = x + 0.10x
₦11,000 = 1.10x
To find the cost price (x), divide both sides by 1.10:
x = ₦11,000 / 1.10
x = ₦10,000
So, the goods cost ₦10,000. (A)