A man sells an article for Rs. 1200 at a loss of 30%. Find the cost price.
- A. Rs. 1714 ✓
- B. Rs. 1398
- C. Rs. 1582
- D. Rs. 1491
Correct answer
A. Rs. 1714
Explanation
SP = CP x (1 - 30/100). CP = 1200 / 0.7 = 1714.
A. Rs. 1714
SP = CP x (1 - 30/100). CP = 1200 / 0.7 = 1714.