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Sujit incurred a loss of 45 percent on selling art article for Rs. 3,740. What was the cost price of the article ?
- ARs. 5,725
- BRs. 5,080
- CRs. 6,250
- DRs. 6,400
Answer not set
Discussion 1
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Solution
Loss = 45%
=>$ 0.55* \text{Cost price} = 3,740$
Cost price = $\frac{3740}{0.55}$ = $6800$
Hence, option E is the right answer.
Loss = 45%
=>$ 0.55* \text{Cost price} = 3,740$
Cost price = $\frac{3740}{0.55}$ = $6800$
Hence, option E is the right answer.