A man sells an article for Rs. 4710 at a loss of 40%. Find the cost price.
- A. Rs. 8993
- B. Rs. 7850 ✓
- C. Rs. 9508
- D. Rs. 8531
Correct answer
B. Rs. 7850
Explanation
SP = CP x (1 - 40/100). CP = 4710 / 0.6 = 7850.
B. Rs. 7850
SP = CP x (1 - 40/100). CP = 4710 / 0.6 = 7850.