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Question 193
Sujit incurred a loss of 45 percent on selling art article for Rs. 3,740. What was the cost price of the article ?
Solution
Loss = 45%
=>$$ 0.55* \text{Cost price} = 3,740$$
Cost price = $$\frac{3740}{0.55}$$ = $$6800$$
Hence, option E is the right answer.
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