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Multiple choice

Ashish incurred a loss of 55% on selling an article for Rs. 9549. What was the cost price of the article?

  1. Rs. 21220

  2. Rs. 18820

  3. Rs. 21440

  4. Rs. 20018

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Selling at 55% loss means SP = 45% of CP. CP = 9549 ÷ 0.45 = Rs. 21,220. Verify: 55% of 21220 = Rs. 11669, CP - loss = 21220 - 11669 = 9549.

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