A man sells an article for Rs. 2495 at a loss of 38%. Find the cost price.
- A. Rs. 4640
- B. Rs. 3087
- C. Rs. 3516
- D. Rs. 4024 ✓
Correct answer
D. Rs. 4024
Explanation
SP = CP x (1 - 38/100). CP = 2495 / 0.62 = 4024.
D. Rs. 4024
SP = CP x (1 - 38/100). CP = 2495 / 0.62 = 4024.