Subject Category > Mathematics

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

✔ Rs. 401

Additional Information > Exam point of View

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.

Asked Question

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