By selling an article for Rs.144, a shopkeeper loses 28%. What is the selling price for bringing down the loss to 14%?
Show answer & explanation
Correct answer: A
Explanation
Correct Answer is option 1 i.e. Rs.172
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Concept |
Understanding |
Application |
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CP = SP/[1 – loss/100] |
Loss = 28% SP = Rs. 144 |
CP = 144/0.72 = Rs. 200 For loss = 14% SP = 200 × 0.86 = Rs.172 |