Multiple choice

An article is sold for Rs. 8,400 at a loss of 25%, what is the cost price (in Rs.) of the article?

  1. Rs. 14,400

  2. Rs. 12,400

  3. Rs. 11,200

  4. Rs. 10,800
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Selling Price = Cost Price * (1 - loss percentage). 8400 = CP * 0.75. CP = 8400 / 0.75 = 11200.

AI explanation

Using the cost price formula for a loss, Cost Price = Selling Price / (1 - Loss %), we substitute the given values. The calculation is 8400 / (1 - 0.25), which simplifies to 8400 / 0.75. Dividing 8400 by 0.75 gives a cost price of 11200.

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