If cost price of an article is Rs. 1240 and loss is 32%, then what will be the selling price of the article?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. Rs. 843.20.
| Understanding/Application |
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Cost Price of the article = Rs. 1240 Loss% = 32% Loss% = [(C.P. - S.P.) × 100]/C.P. |
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ATQ - 32 = [(1240 - S.P.) × 100]/1240 39680/100 = 1240 - S.P. 396.8 = 1240 - S.P. S.P. = 843.20 |