1.

Prashant incurred a loss of 75% on selling an article for Rs. 6800. What was the cost price of the article?1. Rs. 290002. Rs. 272003. Rs. 212504. Rs. 25600

Answer» Correct Answer - Option 2 : Rs. 27200

Given:

S.P = Rs. 6800

Loss% = 75%

Formula used:

C.P = S.P × [100/(100 – Loss%)]

Calculation:

C.P = Rs. 6800 × (100/25)

⇒ Rs. 27,200

∴ The cost price of article is Rs. 27,200



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