1.

On selling an article for Rs. 329, a dealer lost 6%. What will be the cost price of the article?1. Rs. 348.742. Rs. 310.373. Rs. 3504. Rs. 335

Answer» Correct Answer - Option 3 : Rs. 350

Given:

Selling price = Rs. 329

Loss = 6%

Formula used:

C.P = S.P × [100/(100 – Loss%)]

Calculation:

Cost price = Rs. 329 × (100/94)

⇒ Rs. 350

∴ The cost price of the article is Rs. 350



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