A man sells an article for Rs. 3550 at a loss of 30%. Find the cost price.
- A. Rs. 5071 ✓
- B. Rs. 6195
- C. Rs. 5443
- D. Rs. 5974
Correct answer
A. Rs. 5071
Explanation
SP = CP x (1 - 30/100). CP = 3550 / 0.7 = 5071.
A. Rs. 5071
SP = CP x (1 - 30/100). CP = 3550 / 0.7 = 5071.