Q. There is a loss of 12 percent on an article being sold for Rs. 352.88, then the cost price of the article is

A) Rs. 390

B) Rs. 418

C) Rs. 401

D) Rs. 431

✔ Correct Answer: Rs. 401

Exam Insight

Let the cost price be x. Given a 12% loss, the selling price is 88% of the cost price. Hence, 0.88x = 352.88. Solving for x, we get x = Rs. 400.

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Q. There is a loss of 12 percent on an article being sold for Rs. 352.88, then the cost price of the article is

Exam Insight

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