Question 12

Selling price of an article is Rs 1144. If loss percentage is 12%, then what is the cost price (in Rs) of article?

Solution

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Selling price = Rs. 1144

Loss % = 12%

=> Cost price = $$\frac{1144}{(100-12)}\times100$$

= $$\frac{104}{8}\times100=Rs.$$ $$1300$$

=> Ans - (A)

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