Question 70

A man buys an article for $$₹ 3,200$$ and sells it at a loss of 12%. What is the selling price of the article?

Solution

Given, Cost Price (C.P) = $$₹ 3,200$$

Loss% = 12%

$$=$$> Loss = $$\frac{12}{100}\times3200$$ = $$₹ 384$$

$$\therefore\ $$Selling Price (S.P) = C.P - loss = 3200 - 384 = $$₹ 2816$$

Hence, the correct answer is Option B

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