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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 |
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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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